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williamloans

24 Posts

Posted - 07/29/2008 :  3:41:45 PM
don't know zip code yet
this guys paying 11%
no mtg lates
has good reserves and good bank statement income
need a higher score? - what do u need??
Huge borrower benefit here w/this r/t refi
pls advise

Type: Fixed
State: AZ
Zip Code: ?????
Term: fixed
Occupancy: O/O
Position: First
Purpose: Rate/Term Refi
Reserves: 6 months
Property: SFR
Documentation: stated or bank statements
Loan Amount: 115000
LTV: 60
Credit Score: 640
DTI Ratio: 45
BK or Foreclosure: No
Monthly Income: 10000
Employment: Self-Employed
Appraised Value: 190000
First Position: 110000
AGreene00

2820 Posts

Posted - 07/29/2008 :  4:51:35 PM
I think hard money is gonna be the only option, and that rate is gonna s**k too.
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