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chris_l3684
8 Posts |
Posted - 05/27/2008 : 5:10:07 PM
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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 |
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chris_l3684
8 Posts |
Posted - 05/27/2008 : 5:15:20 PM
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| By the way this is a purchase amount of 1.5 million, new loan amount at 1 million |
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chris_l3684
8 Posts |
Posted - 05/27/2008 : 5:33:56 PM
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| Is anyone able to give suggestions on lenders who might be able to get this loan done , even with another program? |
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dkendall1979
10261 Posts |
Posted - 05/27/2008 : 5:38:06 PM
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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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