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vivianr

390 Posts

Posted - 06/10/2008 :  08:48:00 AM
LTV 70, loan amount $250,000, Fico 754, 3 homes in 1 parcels. He is Self-employed and wants to go stated, he is a gardner, licensed in 3 counties but he does not report all income. Know of a lender?
MortgageBoarder

4035 Posts

Posted - 06/10/2008 :  08:55:59 AM
Is this a true 3 unit, or 3 single families on one parcel? If it is not a true 3 unit, you will have to get a blanket loan I believe...
vivianr

390 Posts

Posted - 06/10/2008 :  09:48:04 AM
quote:
Originally posted by MortgageBoarder

Is this a true 3 unit, or 3 single families on one parcel? If it is not a true 3 unit, you will have to get a blanket loan I believe...

These are 3 single home on 1 parcel. Two of the units have 1/1 kitchen, living room the other has 3/2, kitchen, living room. Each home has its own meter and are fenced. 3 homes on a lot, for 3 families.
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