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Integrity77
188 Posts |
 Posted - 05/14/2008 : 07:01:01 AM
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The house appraises at 350,000.00, we need to refi at 85% LTV for loan amount of $297,500.00.
Borrower's credit of 700 and SISA/ Self Employed. RIght now their mortgage payment is of $2,300.00 with escrow
Can any lender do this. |
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AGreene00
2820 Posts |
Posted - 05/14/2008 : 08:17:10 AM
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| Countrywide has this program, but they will probably counter to full doc and have their retail side steal the loan from you. |
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808
2605 Posts |
Posted - 05/14/2008 : 08:44:53 AM
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Effective 5/9/08 Citi will only go to max 75% on Pur-R/T FICO-700 & on C/O FICO-720. Also subtract 5% for depreciating mkts
As far as Countrywide what AGreene00 said is correct |
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