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reliable1

4 Posts

Posted - 07/29/2008 :  07:37:57 AM
Looking for 2nd mortgage in IL. purchase. full doc. 10% ltv/90%cltv. hi rise condo. loan amount is 51000. fico 675. need to close asap.
lukeallison

1409 Posts

Posted - 07/29/2008 :  07:46:31 AM
Not going to happen with that FICO. If it was 720, I could do it. You could try US Bank for 1 loan. They may do it.
reliable1

4 Posts

Posted - 07/29/2008 :  07:57:30 AM
even with a 15% DTI?whats the highest cltv you can go with my scenario?
quote:
Originally posted by lukeallison

Not going to happen with that FICO. If it was 720, I could do it. You could try US Bank for 1 loan. They may do it.

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jillstatz

657 Posts

Posted - 07/29/2008 :  07:59:38 AM
quote:
Originally posted by reliable1

Looking for 2nd mortgage in IL. purchase. full doc. 10% ltv/90%cltv. hi rise condo. loan amount is 51000. fico 675. need to close asap.


You can also try St Francis Mtg...they only do seconds or M&I Wholesale is still doing 2nd's
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