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caliloanguy

44 Posts

Posted - 07/17/2008 :  10:05:43 PM
$2M Purchase
SoCal
SFR
50 LTV
780 FICO
SE
$1.4M liquid assets plus $400k proceeds sale of current residence
Need stated or stated/asset based
Why? Strong income 2005, 2006 … 2007 not so much.
Any recommendations?
clearwaterny

312 Posts

Posted - 07/17/2008 :  10:06:41 PM
yeah, hard money would be your best bet or Wachovia.
JoefromPhilly

460 Posts

Posted - 07/18/2008 :  07:41:13 AM
So, are you going to state that he made more in 2007 than he really did? Can you spell F*E*L*O*N*Y?

- Joe
dkendall1979

8822 Posts

Posted - 07/18/2008 :  07:44:22 AM
7.25% <.375pt cost> 3/1 libor IO
mdietz

222 Posts

Posted - 07/18/2008 :  08:34:09 AM
We can do this loan!

Call or email for pricing - include zip code


Michael Dietz
Account Executive
Dream House Mortgage Corporation
401-262-5623
mdietz@dhmc.com
Levon1

8 Posts

Posted - 07/21/2008 :  3:50:51 PM
I can direct you to a source which can get this done.
Contact me.
323-855-1150
Levon1@live.com
quote:
Originally posted by caliloanguy

$2M Purchase
SoCal
SFR
50 LTV
780 FICO
SE
$1.4M liquid assets plus $400k proceeds sale of current residence
Need stated or stated/asset based
Why? Strong income 2005, 2006 … 2007 not so much.
Any recommendations?


dkendall1979

8822 Posts

Posted - 07/21/2008 :  3:53:20 PM
Once again, the only wholesale lender that replied to your thread.
mdietz

222 Posts

Posted - 07/21/2008 :  3:59:12 PM
Two by my count

:)



Michael Dietz
Account Executive
Dream House Mortgage Corporation
401-262-5623
mdietz@dhmc.com
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