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dg
122 Posts |
 Posted - 10/29/2009 : 6:14:31 PM
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| Anybody know who is going over 105% more like 120% ltv on 1st and 140% cltv with a subordination. Please advise I know Wells/Flagstar/Metlife/Everbank/GMAC will do it. Does anybody know who else is doing them. Thank you |
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jcallanan
491 Posts |
Posted - 10/30/2009 : 07:55:16 AM
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| metlife is doing 125% now? |
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dg
122 Posts |
Posted - 10/30/2009 : 1:24:23 PM
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| I know that is where i am however the rep said only for metlife serviced loans |
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the_mortgage_guy
2628 Posts |
Posted - 10/31/2009 : 05:34:08 AM
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| Good Info! |
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alltech
43 Posts |
Posted - 10/31/2009 : 10:06:46 AM
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From yesterday's Metlife Rate Sheet: DU Refi Plus
Note LTV > 105% LTV must be MetLife underlying serviced loan
Anyone know who will do Freddie Mac Open Access with MI?
Open access available (30 yr fixed only). MetLife serviced loans require manual underwrite. All others
require LP findings. Loans with MI or LPMI must be a MetLife serviced loan.*Higher Loan Limits LTV > 105% to 125% available if MetLife underlying loan. |
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Kenneth Fedak
506 Posts |
Posted - 10/31/2009 : 11:05:04 AM
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| Fifth Third is doing these, however; I believe they are only doing them for Fifth Third serviced loans as well. |
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brandtrust
712 Posts |
Posted - 11/02/2009 : 5:48:05 PM
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| Looks like Fifth Third has open access on all prop types up to 125% Freddie only. |
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aeastburn
331 Posts |
Posted - 11/02/2009 : 6:44:08 PM
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| Flagstar will do to 125% |
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dg
122 Posts |
Posted - 11/02/2009 : 7:52:29 PM
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| I wish i can use flagstar some idiot at the netbranch company we were using for Florida loans locked before a ctc and because of thier crappy pull through we cannot go with them. last file i ever netbranch out of state i tell you what. If anybody has more info please post it is hard to find anybody to broker freddie 125ltv loans. Does anybody have info for fifth third? |
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KLandis
5349 Posts |
Posted - 11/03/2009 : 03:47:50 AM
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| Many of the DU 125 lenders will only do a loan they are currently servicing |
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alltech
43 Posts |
Posted - 11/03/2009 : 06:45:21 AM
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| Will Flagstar do 125% when the current loan has LPMI or MI? |
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dg
122 Posts |
Posted - 11/04/2009 : 10:07:23 PM
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| i dont think you can go over 105 with the mi or lpmi and you have to keep the current mi and lpmi if there is any |
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getfunding
157 Posts |
Posted - 11/09/2009 : 09:22:36 AM
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Anyone have a Wells Fargo Contact?
I have a client who is at
125%
State: VA
Thanks |
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