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 Search for: Need Stand Alone 2nd to 50% CLTV Stated Income.
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Tjapukai

17 Posts

Posted - 05/15/2008 :  1:05:58 PM
Home value $1,400,000 owes $450,000 on private money 1st loan at 5% for 30 years. Stated Inome stand alone second for $200,000. 750 FICO Score.

46% CLTV

Who can do this loan.

Thanks,
Greg
dkendall1979

9487 Posts

Posted - 05/15/2008 :  1:09:21 PM
15% IO rate
10pts cost

You can charge up to 10pts yourself on top of our 10. Email me if this works.
robertk

209 Posts

Posted - 05/15/2008 :  1:17:34 PM
We can do it and better terms. Email me 1003,1008,credit for pricing.
dkendall1979

9487 Posts

Posted - 05/15/2008 :  3:11:48 PM
Really? Then why whenever Unifund sends out an "approval" to any of my brokers are they always priced much higher? Also, why have no loans closed? And what's up with Newport Lending trying to steal my brokers clients telling the client not to work with the broker?

Can you answer any of these questions? Can you give me the name and number of one broker that will compliment Unifund on their loan proceedure?

quote:
Originally posted by robertk

We can do it and better terms. Email me 1003,1008,credit for pricing.

PBFinancial

348 Posts

Posted - 05/15/2008 :  5:14:18 PM
I can do this loan on a 40 year fully amortized loan fixed due in 10 with 3 month prepayment penalty with a cost 3.50% and $695 underwriting fee.

If you have any questions call me at 310-289-0900x 102 or e-mail me at pbroukhim@pbfinancialgrp.com
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