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ScottAvila

14 Posts

Posted - 07/15/2008 :  12:27:16 PM
Full doc principal buy down (putting down $15K) rate/term refi. My client has gone self-employed in the same industry (old co. went under) and he and his wife have low DTI. Dont want to go FHA if possible. Any lenders accepting 12 mo bank statements w/2007-2006 tax returns?
dragonsnake

91 Posts

Posted - 07/15/2008 :  12:29:15 PM
E-mail me the full details of the file. I could probably get it done for you.
cspatmon

2073 Posts

Posted - 07/15/2008 :  1:30:00 PM
Most likely it's not going to happen. Although, he's gone self-employed industry of same. He will need at least a two year history of self-employment. Hypothetically, what would keep him from going under as did his previous employer?
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