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yanmink
277 Posts |
 Posted - 05/22/2008 : 1:01:40 PM
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| I have a borrower with 736 FICO. he has been living and paying for a mortgage that was under his moms name. We added him to the title and can prove he has been paying the last twelve months. Loan amount is 512000 75% LTV. Who can do this one Stated/verified with a good rate? |
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Travis Du Bois
590 Posts |
Posted - 05/22/2008 : 1:02:52 PM
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| What state and is the borrower S/E? |
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yanmink
277 Posts |
Posted - 05/22/2008 : 1:03:39 PM
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| California, borrower Self employed |
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Travis Du Bois
590 Posts |
Posted - 05/22/2008 : 1:12:35 PM
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Well that is good they are s/e but the state will be an issue as I am maxed at 70% for jumbo SIVA in CA.
http://www.brokeroutpost.com/loans/brokers/forum/topic.asp?TOPIC_ID=218944
Please let me know if there is anything else I can help you with. Or if you think that the value will support a 70% LTV.
Thanks
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yanmink
277 Posts |
Posted - 05/27/2008 : 10:26:37 AM
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| The value might come back to support 70% LTV |
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