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mbonney

3 Posts

Posted - 05/21/2008 :  5:17:50 PM
Looking for a 4.5 million arizona primary residence NCO refi
Full doc, 750+ score, 35% dti, 63%LTV

Anyone know any lenders out there that can do this?? Need a rate in the 5's without any ridiculous fees...

Thanks.
Matt
KHufford

6001 Posts

Posted - 05/21/2008 :  5:27:19 PM
I'm your guy....and local in AZ. Here are our guides,if you have any questions give me a ring or email. Thanks

Mega Jumbo Residential loans up to $20MM+ available for High Net Worth individuals.
=================================================================
- Maximum Loan amount $20,000,000+
- Minimum Loan amount $1,000,000
- Primary, Secondary, Investment or Spec
- Purchase, Refinance or Construction
- Available in 50 States
- 5, 10 or 30 year fixed rate loans
- Interest rates are in the 5's to 7's
- No Prepay Penalties
- Interest only is available
- Full Doc or Stated programs
- Full doc typically needs 12 months PITI
- Stated needs a net worth equal to or greater than loan amount
- Max DTI is 45%
- 80% LTV
- Foreign Nationals OK with significant down payment

This is private lending; there is no rate sheet or hard guidelines. Everything is underwritten on an individual level. Assets, Net Worth and the ability to Cross-Collateralize (if necessary) are the most important characteristics of the borrower. Get your approval in 48 hours and close in 10 to 30 days.

Brokers protected, however you should be working directly with the borrower with no Broker Daisy Chains. If you are not direct, ask me about our referral program.

Document Checklist:

1. Fannie Mae File Exported
2. Copy of SSN, DL, signed 4506T
3. Appraisal
4. Executed Borrower Fee Agreement
5. Asset Statements (all pages, both sides)
6. Income Docs (2 years taxes or W2’s, 1099’s pay stubs, etc)
7. Current Mortgage Statements
8. Tri Merge Credit
9. Broker NCA agreement signed

Note: We need the above documents in order to submit your loan. Please help us and gather all the docs we will need. This will get us to closing that much faster.

Kyle S. Hufford
MJM Capital Group, LLC
D.480.628.1943 F. 602.224.4842
khufford@mjmcapitalgroup.com
nancy.mortgage

121 Posts

Posted - 05/22/2008 :  06:13:13 AM
I'd be happy to help you with that loan, I'll email you.
brandie

3260 Posts

Posted - 05/22/2008 :  06:57:33 AM
Matt
My honest opinion, I would go with Kyle, he has a proven track record.
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