NINA Loans

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socalusa

268 Posts

Posted - 05/15/2008 : 2:15:03 PM

Any suggestions as to who would still do (non-hard money) NINA or SIVA, 30 year ARM's type deals for people with good FICO's, but no ability to document income?

AGreene00

2901 Posts

Posted - 05/15/2008 : 2:17:27 PM

If anyone is doing NINA (non hard money that is) I would definitely like to hear about it. I'm sure it's probably 75% max with a 795 mid.

williamspeaking

4058 Posts

Posted - 05/15/2008 : 2:31:59 PM

"nina or siva" quite a difference...anybody for fraud?

808

2890 Posts

Posted - 05/15/2008 : 2:36:20 PM

quote:
Originally posted by williamspeaking

"nina or siva" quite a difference...anybody for fraud?

he probably meant NIV or SIVA

socalusa

268 Posts

Posted - 05/15/2008 : 3:28:36 PM

quote:
Originally posted by 808

quote:
Originally posted by williamspeaking

"nina or siva" quite a difference...anybody for fraud?
he probably meant NIV or SIVA

Actually I was just adding companies to my contact list. No particular need right now. I would like to add few more of these lenders:

NINA / No Income No Asset Loan (NINA) & No Income Verification Loan (NIV) & no doc loan (No Doc) & Stated Income / Stated Assets (SASA) & Stated Income / Verfied Assets (SIVA)

AGreene00

2901 Posts

Posted - 05/15/2008 : 4:38:45 PM

quote:
Originally posted by socalusa

quote:
Originally posted by 808

quote:
Originally posted by williamspeaking

"nina or siva" quite a difference...anybody for fraud?
he probably meant NIV or SIVA

Actually I was just adding companies to my contact list. No particular need right now. I would like to add few more of these lenders:

NINA / No Income No Asset Loan (NINA) & No Income Verification Loan (NIV) & no doc loan (No Doc) & Stated Income / Stated Assets (SASA) & Stated Income / Verfied Assets (SIVA)

I don't think you are going to find anyone doing NINA or No doc anymore. SIVA is hard enough to find now.

socalusa

268 Posts

Posted - 05/15/2008 : 5:03:59 PM

quote:
Originally posted by AGreene00

quote:
Originally posted by socalusa

quote:
Originally posted by 808

quote:
Originally posted by williamspeaking

"nina or siva" quite a difference...anybody for fraud?
he probably meant NIV or SIVA

Actually I was just adding companies to my contact list. No particular need right now. I would like to add few more of these lenders:

NINA / No Income No Asset Loan (NINA) & No Income Verification Loan (NIV) & no doc loan (No Doc) & Stated Income / Stated Assets (SASA) & Stated Income / Verfied Assets (SIVA)

I don't think you are going to find anyone doing NINA or No doc anymore. SIVA is hard enough to find now.

So, for SIVA who would you recommend?

microboby

27 Posts

Posted - 05/15/2008 : 5:11:07 PM

Greystone is doing SIVA and SISA
(P) 530-513-1698
(Efax) 530-323-6091
kclements@greystonefinancialonline.com

That is the only one that comes to my mind , hope it helps

AGreene00

2901 Posts

Posted - 05/15/2008 : 5:13:05 PM

I think Freedom Mortgage might do SIVA

socalusa

268 Posts

Posted - 05/15/2008 : 5:32:46 PM