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 Search for: Refi NO C/O 85% LTV stated income 720 Fico.
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sbaileymtg

2 Posts

Posted - 07/29/2008 :  1:05:35 PM

Property Type: SFR with MIL unit
Occupancy Owner Occupied
Purpose Rate & Term Refi
FICO 720
DTI 45
Doc Type SIVA
Product Type 30-Yr Fixed
Lien Position First
Appraised Value: $360,000
Loan Amt 1st: $300,000
Loan Amt 2nd:
LTV: 85%
CLTV: 85%

This is a SFR with a MIL unit on the property...it is not zoned as 2 units. They need stated income and have good credit scores. Need rate and term refi. have good employment history. Have higher LTV at 85%....need to get out of a 2/28 that is coming up. Husband works for mill but wife is self-employed hairdresser and needs stated income. let me know if you have any ideas who may be able to do something like this
lukeallison

1409 Posts

Posted - 07/29/2008 :  1:32:03 PM
80% Max. You can't get MI on anything above 80%
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