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 Search for: Anyone doing A-paper fixed Seconds??.
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JT4SC

53 Posts

Posted - 08/26/2008 :  5:44:51 PM
Need a good rate if anyone has anything.
Thanks!
SoCalRay

2698 Posts

Posted - 08/26/2008 :  5:47:27 PM
I would tell your borrower Rate would not be the major concern

When you have retail banks dropping the products and people like Morgan Stanley that were cross collateralizing them with investment accounts stops doing them, You get it closed when you find someone doing them.
edgarthelender

70 Posts

Posted - 08/26/2008 :  5:54:20 PM
Wells Fargo has some nice ones... low LTV of course.
KHufford

5940 Posts

Posted - 08/26/2008 :  5:56:07 PM
20% CLTV?

Is this first position?

Anyway...go to US Bank
JT4SC

53 Posts

Posted - 08/26/2008 :  6:48:37 PM
I just heard US Bank is not doing fixed seconds anymore...
KHufford

5940 Posts

Posted - 08/26/2008 :  6:49:51 PM
quote:
Originally posted by JT4SC

I just heard US Bank is not doing fixed seconds anymore...



Just do heloc at 5.4% paying 2 ysp and fix it anytime...
waynepbright

3660 Posts

Posted - 08/26/2008 :  6:51:37 PM

Look here:

http://www.mihomelendingsolutions.com/forBrokers.aspx
Mandyvilla

3405 Posts

Posted - 08/26/2008 :  6:51:39 PM
Details? standalone? State? Loan amount? Or is it car loan size?
Newbud

231 Posts

Posted - 08/26/2008 :  7:08:17 PM
We can do them at Merrill Lynch but only adjustable HELOC's - but with PRIME being 5% the rates are good.
Newbud

231 Posts

Posted - 08/26/2008 :  7:08:23 PM
We can do them at Merrill Lynch but only adjustable HELOC's - but with PRIME being 5% the rates are good.
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