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jeffd3826
22 Posts |
 Posted - 06/19/2009 : 2:19:06 PM
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Does anyone know of a lender/wholesaler still offering a SIVA product.
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hcf_ae
94 Posts |
Posted - 06/23/2009 : 8:23:09 PM
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| what state? |
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jeffd3826
22 Posts |
Posted - 06/23/2009 : 8:23:43 PM
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quote:
Originally posted by hcf_ae
what state?
Texas |
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ahetrick@deltale
115 Posts |
Posted - 06/23/2009 : 9:52:01 PM
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| It does not exist anymore unless you go private money. Such is life |
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BlackonBlackMayb
117 Posts |
Posted - 06/23/2009 : 11:55:45 PM
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I CAN DO STATED FOR W-2 & S/E IN CA.
STATED IS ALIVE!!! |
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calendinggroup
185 Posts |
Posted - 06/24/2009 : 08:22:28 AM
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For Stated in CA call
PSC MORTGAGE BANCORP
Rene St Lanne
Office 760-320-8900
Cell 760-910-3838 |
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SSINGH88
673 Posts |
Posted - 06/24/2009 : 1:13:18 PM
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Just called over there and they are a brokerage, PSC Mortgage, Rene....they are retail
so more than likely...just going off of experience and old age...this is gonna be one of those things where they charge your clients and somehow create a contract where you get paid a smaller percentage of what was charged...and according to the DRE you cant do this, no matter how its concocted
I may be wrong, I am probably right...but until an actual lender brings back Stated products...they are dead my friend
FYI- Luther Burbank savings toasted there Stated product |
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mattyG
540 Posts |
Posted - 06/24/2009 : 1:20:16 PM
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| Coast 2 Coast still does stated......... |
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SSINGH88
673 Posts |
Posted - 06/24/2009 : 1:23:59 PM
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Just got off the phone with them...
2 points
$1495 Underwriting
$95 Appraisal Review
thats there fees
5.875% 30 year fixed no prepay...no 4506t...80% LTV...700 Scores Required
true stated
private money
I guess if you really need to it |
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Captain Mortgage
2559 Posts |
Posted - 06/24/2009 : 1:38:31 PM
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quote:
Originally posted by SSINGH88
Just got off the phone with them...
2 points
$1495 Underwriting
$95 Appraisal Review
thats there fees
5.875% 30 year fixed no prepay...no 4506t...80% LTV...700 Scores Required
true stated
private money
I guess if you really need to it
Wow those terms are really good! |
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jfrederick
580 Posts |
Posted - 06/24/2009 : 3:01:34 PM
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and what about BonBlack and this Rene chick, I see them offering....haven't seen anyone come back and thank them publicly. Kinda like the eMoney guy who answers all the SIVA post from all over the nation, but only does 3 counties in Southern Cal.
I say give up on asking the question, it doesn't exist....hardmoney only, and let's be real, their newly adjusted rate is probably going to be lower than their initial rate...for the time being. Time to amend your tax returns, pay taxes and get your qualifying income, otherwise forget it. |
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emoney
815 Posts |
Posted - 06/24/2009 : 3:13:07 PM
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quote:
Originally posted by SSINGH88
Just got off the phone with them...
2 points
$1495 Underwriting
$95 Appraisal Review
thats there fees
5.875% 30 year fixed no prepay...no 4506t...80% LTV...700 Scores Required
true stated
private money
I guess if you really need to it
Looks accurate and works if you are W-2 but what about the S/E? |
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jeffd3826
22 Posts |
Posted - 06/24/2009 : 4:06:25 PM
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quote:
Originally posted by SSINGH88
Just got off the phone with them...
2 points
$1495 Underwriting
$95 Appraisal Review
thats there fees
5.875% 30 year fixed no prepay...no 4506t...80% LTV...700 Scores Required
true stated
private money
I guess if you really need to it
what is their phone# do they have a website |
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mattyG
540 Posts |
Posted - 06/24/2009 : 4:17:16 PM
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| Rene is a dude... |
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c2cl
416 Posts |
Posted - 07/03/2009 : 08:58:05 AM
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| Is this program only in CA? Could use one in AZ... |
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