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ELISEC

122 Posts

Posted - 11/03/2009 :  12:16:41 PM
Anyone know a lender that will allow investment purchase with borrower that currently has 8 mortgages? 60% CLTV, 806 FICO, FULL DOC, GREAT ASSETS ETC?
the_mortgage_guy

2628 Posts

Posted - 11/03/2009 :  3:22:18 PM
Amtrust all day.
ELISEC

122 Posts

Posted - 11/03/2009 :  3:29:12 PM
quote:
Originally posted by the_mortgage_guy

Amtrust all day.



Thank you!
SD LO

55 Posts

Posted - 11/03/2009 :  4:57:52 PM
Flagstar also will do it in the multiple property program.
walding714

413 Posts

Posted - 11/03/2009 :  5:47:05 PM
Hi Elise, did you try Amtrust or Flagstar yet? Did you find a lender for your client, i'm trying to find a lender that will do 4+ with a fast turn time, i'd appreciate the your feedback.

Thanks!

quote:
Originally posted by ELISEC

Anyone know a lender that will allow investment purchase with borrower that currently has 8 mortgages? 60% CLTV, 806 FICO, FULL DOC, GREAT ASSETS ETC?

ELISEC

122 Posts

Posted - 11/03/2009 :  7:33:19 PM
I got some feedback from another rep of mine with Stearns - they can do it - I'm not sure what state your in. I haven't checked with Amtrust or Flagstar yet...


quote:
Originally posted by walding714

Hi Elise, did you try Amtrust or Flagstar yet? Did you find a lender for your client, i'm trying to find a lender that will do 4+ with a fast turn time, i'd appreciate the your feedback.

Thanks!

quote:
Originally posted by ELISEC

Anyone know a lender that will allow investment purchase with borrower that currently has 8 mortgages? 60% CLTV, 806 FICO, FULL DOC, GREAT ASSETS ETC?



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