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nickwest
66 Posts |
 Posted - 07/14/2008 : 9:00:09 PM
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have a customer who has a 5.5 million dollar house in australia, it
is at 80% ltv , they do not want any cash out, they just want a good
rate, and they are under the impression that american private
institutions can lend lower than the 9% they are at right now, in part
do to our weak american dollar in comparison to australia's, if any of
you have an idea if this is doable or not let me know. they are full
doc and can prove their income. They are basically trying to beat the
system by getting their mortgage done in america, this is not somthing i have high hopes on being do able, but i have nothing to lose, can anyone do this loan??????????????????
email me direct nwestlending@gmail.com |
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Boulderco
1296 Posts |
Posted - 07/14/2008 : 9:14:04 PM
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| They might as well look for a unicorn, because they'll find one about as fast as they'll find 5.5 million from a US bank for a mortgage loan in Australia. |
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KHufford
5993 Posts |
Posted - 07/14/2008 : 9:16:50 PM
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quote:
Originally posted by Boulderco
They might as well look for a unicorn, because they'll find one about as fast as they'll find 5.5 million from a US bank for a mortgage loan in Australia.
Spot on.
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