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chris_l3684

8 Posts

Posted - 05/27/2008 :  5:10:07 PM
I have the following scenario and need some help.

797 FICO
67 LTV
Purchase
OO
SFR
3.5 Million in assets
Borrower wants a 1 yr CMT or 6 Mo libor adjustable.
--> The only company i use that does these, does not lend in oregon.

Qualify I/O preferbaly otherwise 50 backend dti.

Please email me to help

chrisl@apfmail.com
chris_l3684

8 Posts

Posted - 05/27/2008 :  5:15:20 PM
By the way this is a purchase amount of 1.5 million, new loan amount at 1 million
chris_l3684

8 Posts

Posted - 05/27/2008 :  5:33:56 PM
Is anyone able to give suggestions on lenders who might be able to get this loan done , even with another program?
dkendall1979

10261 Posts

Posted - 05/27/2008 :  5:38:06 PM
What rate are you using to qualify him at?

I'm maxed at 45% back end, which I'm sure many others are too.
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