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 Search for: 750k purchase 80LTV in CA...
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koto

5 Posts

Posted - 07/23/2008 :  6:02:31 PM
its full doc, borrower has a 780 fico, and is bringing approx. 200k to the table. loan limit only allows up to 580k in the area so we can't get it to go agency jumbo. what lenders would you suggest i take this deal too? borrower is ideally looking for a low 30 yr fixed.

thanks,

Kevin
mantixmortgage

2717 Posts

Posted - 07/23/2008 :  6:05:16 PM
us bank home mortgage

30 year fixed rate will not be good, but ARM will be decent
lukeallison

1409 Posts

Posted - 07/23/2008 :  6:12:16 PM
I could run it as a combo. He could actully go to 90% CLTV. Of course, that's retail only.
aaron1976

631 Posts

Posted - 07/27/2008 :  01:45:50 AM
Flagstar is a good option on this one with a combo to 80% CLTV. Rates will be good.
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