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chmax7
477 Posts |
 Posted - 07/02/2008 : 8:53:47 PM
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| What other lenders have rates comparable to these two banks? |
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waynepbright
3678 Posts |
Posted - 07/02/2008 : 11:12:03 PM
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What don't you like about those 2 banks you posted above? |
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chmax7
477 Posts |
Posted - 07/03/2008 : 04:40:33 AM
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| low rates. |
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chmax7
477 Posts |
Posted - 07/03/2008 : 09:19:26 AM
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Wayne,
I thought you said what DO you like about those banks listed above. I am just looking for other banks that can compete with these two. |
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dkendall1979
10259 Posts |
Posted - 07/03/2008 : 09:49:44 AM
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| The ones that I know of don't take any new brokers on. |
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rdcurry
406 Posts |
Posted - 07/03/2008 : 09:53:26 AM
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Well, we have great 3/1 and 5/1 rates but we only lend in CA and AZ right now
Bob Curry
Downey Savings
562-795-1604 |
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slants
4274 Posts |
Posted - 07/03/2008 : 09:55:19 AM
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| Astoria ARM's are competitive to ING. |
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dkendall1979
10259 Posts |
Posted - 07/03/2008 : 09:59:33 AM
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Astorias adds for CA are rediculous, making them not even worth using.
If the loan is in CA or FL, Astoria is not the lender of choice.
quote:
Originally posted by slants
Astoria ARM's are competitive to ING.
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WhitmanMet
6 Posts |
Posted - 07/03/2008 : 10:03:03 AM
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| Bob... can you send me a ratesheet and broker package to dwhitman@whitmanmet.com ? I am interested in getting setp with downey. |
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rdcurry
406 Posts |
Posted - 07/03/2008 : 10:09:32 AM
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| Done... |
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chmax7
477 Posts |
Posted - 07/03/2008 : 10:30:28 AM
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What are the banks that are not taking on any new brokers? our corporate office might be approved with them. I will look into Astoria. Looking for all New England states.
Just had a guy that said he was offered 5.625% 3 or 5/1 Arm I/O on 900K SFR 50% LTV FUll DOc in MA with only regular closing costs. Seems too good to be true but there might be some portfolio lenders doing this. Any clue? |
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dkendall1979
10259 Posts |
Posted - 07/03/2008 : 10:37:53 AM
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That was probably an Astoria offer. They're an east coast bank and really shine in E. Coast states.
The banks that I was speaking of above are CA based banks. Any super-jumbo competitive bank is only accepting pristine brokers in this marketplace. You have to have clean credit and you have to have a net-worth equal to the loan amounts your going to be doing, or they won't take you on. Welcome to 2008, right?
quote:
Originally posted by chmax7
What are the banks that are not taking on any new brokers? our corporate office might be approved with them. I will look into Astoria. Looking for all New England states.
Just had a guy that said he was offered 5.625% 3 or 5/1 Arm I/O on 900K SFR 50% LTV FUll DOc in MA with only regular closing costs. Seems too good to be true but there might be some portfolio lenders doing this. Any clue?
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chmax7
477 Posts |
Posted - 07/03/2008 : 10:45:59 AM
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| OK thank you. I will check out good old Astoria then. I appreciate it. Thanks...Chris |
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