Broker Outpost Mortgage Forums
Home | Recent Discussions | Register | Login | Mortgage Broker Directory | Mortgage Reference Library
 All Forums
 Mortgage Brokers
 Mortgage Brokers
 Search for: C/o refi owner occ 703 mid.
Author Previous Topic  |  Next Topic  
delliott21

54 Posts

Posted - 07/16/2008 :  07:50:13 AM
I am looking for someone that will do a SIVA at 75% (besides Wachovia) owner occupied villa in florida. Customer had it on the market within the last year, but changed her mind and sold her house instead and moved into the villa. They are in different counties.

Has plenty of assets.

Or what about business bank statements? Any suggestions?
lukeallison

1402 Posts

Posted - 07/16/2008 :  08:34:12 AM
Our guidelines still go to 75% cash out SIVA but you might have a declining market hit - I'm not sure.
Ryan Robertson

244 Posts

Posted - 07/16/2008 :  10:21:01 AM
We also allow for that but may have a declining market hit as well? Give me a call if I can help
Thanks
  Previous Topic  |  Next Topic  
Recent Loan Officer Chat © Copyright 2006,2007 - Broker Outpost LLC. All Rights Reserved. Subscribe to the Forum Topics via RSS Go To Top Of Page
Privacy Policy | Terms and Conditions
This page was generated in 0.36 seconds.
Mortgage Brokers | Mortgage Newsletter | | Sponsors | Advertising Info | Reference | Snitz Forums 2000