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1sthome
258 Posts |
 Posted - 08/09/2009 : 7:35:26 PM
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| What is the max LTV you can do on a condo purchase for 338k purchase 760 fico full doc dti < 43% depending on rate in california and with who? |
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1sthome
258 Posts |
Posted - 08/10/2009 : 10:56:23 AM
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| bump |
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Jack Straw
1341 Posts |
Posted - 08/10/2009 : 11:31:54 PM
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| Depends on various factors but 55%-60% LTV with my private investors at rates from 10.5%-12%. |
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GVDenny
522 Posts |
Posted - 08/11/2009 : 01:32:31 AM
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quote:
Originally posted by 1sthome
What is the max LTV you can do on a condo purchase for 338k purchase 760 fico full doc dti < 43% depending on rate in california and with who?
You are asking the wrong question, the question is where to get MI. The answer is nowhere, thus 80% is the max you will get a condo approved for. Rates the same as a SFR with a .75% adjustment 75.01% to 80%, no adjustment at 75% or under. |
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acassociate
551 Posts |
Posted - 08/11/2009 : 5:38:30 PM
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San Diego, CA 92108
Tel: (619) 253.4264
quote:
Originally posted by 1sthome
What is the max LTV you can do on a condo purchase for 338k purchase 760 fico full doc dti < 43% depending on rate in california and with who?
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1sthome
258 Posts |
Posted - 08/11/2009 : 5:41:52 PM
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| I dont broker out i just want to know what investor can do this deal. or just send it over to someone |
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GVDenny
522 Posts |
Posted - 08/11/2009 : 5:46:03 PM
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quote:
Originally posted by 1sthome
I dont broker out i just want to know what investor can do this deal. or just send it over to someone
I already answered you, can you not read? 80% is the max you will find conforming since there is no MI available. You can take it to anyone. |
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1sthome
258 Posts |
Posted - 08/11/2009 : 5:49:29 PM
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| Hey GV I was just replying to the question before so thanks for you answer but I would suggest watch your response as they come off as you being a jerk. |
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