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 ANTHONY6977

900 Posts
Posted - 07/03/2008 :  2:39:23 PM
is there such a thing?
jimguerr

266 Posts
Posted - 07/03/2008 :  2:45:03 PM
ING has no asset verification
dkendall1979

9517 Posts
Posted - 07/03/2008 :  2:54:10 PM
FHA you can get us a gift letter from whomever you choose.

Of course, I would insist that it's all legit. As long as you gave me your word, we're cool.
williamspeaking

4052 Posts
Posted - 07/03/2008 :  3:12:22 PM
run DU with no assets and see what you get...assets arent even required all the time.
mantixmortgage

2714 Posts
Posted - 07/03/2008 :  3:13:51 PM
im thinking he means that they won't verify assets, thus, not document the source for the down payment
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 ANTHONY6977

900 Posts
Posted - 07/03/2008 :  3:19:17 PM
client has assests for down payment. I'ts rather a long and complicated story on this one. But as mentioned i would prefer not have to show bank statements or vod to paper trails a bunch of transfers deposits/withdrawals etc. again long story.
mantixmortgage

2714 Posts
Posted - 07/03/2008 :  3:21:24 PM
yea. ING at 80% max ltv
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 ANTHONY6977

900 Posts
Posted - 07/03/2008 :  3:22:51 PM
90% LTV PURCHASE

Anyone else?
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 ANTHONY6977

900 Posts
Posted - 07/03/2008 :  5:09:08 PM
ANYONE else???
williamspeaking

4052 Posts
Posted - 07/03/2008 :  5:16:34 PM
at 90% you need to verify the funds.
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 ANTHONY6977

900 Posts
Posted - 07/03/2008 :  5:55:12 PM
would getting a 80/10 do the trick?
williamspeaking

4052 Posts
Posted - 07/03/2008 :  6:11:19 PM
no, whenever you're over 80% you have to have a paper trail of the DP to verify that its your money and not a gift, or a loan....less than or equal to 80 is fair game we dont care where the dp comes from....
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 darkstar

17095 Posts
Posted - 07/05/2008 :  5:04:41 PM
quote:
Originally posted by loansfast

i can get this done.. no asset verified... call ted 508 847 8763


we have many areas to get it done...


What lender are you with?
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