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Scrooge McDuck

15108 Posts

Posted - 11/05/2009 :  06:51:10 AM
here is a scenario i have:

$585,000 loan amount
Newton, MA
rate and term - consolidation of purchase 1st and 2nd.
95% ltv
sfr
677 fico
1x30 Sept 09 on just their 2nd, now current

what else?

who can handle this? Wells, Franklin American and 1 other say no. WTF??
Scrooge McDuck

15108 Posts

Posted - 11/05/2009 :  07:51:43 AM
i hate this. 1x30??? thats all it takes to get kick out of an FHA these days??
Scrooge McDuck

15108 Posts

Posted - 11/05/2009 :  09:47:39 AM
blah
Scrooge McDuck

15108 Posts

Posted - 11/05/2009 :  2:50:15 PM
is the mortgage biz really this boring?
the_mortgage_guy

2628 Posts

Posted - 11/05/2009 :  5:15:00 PM
quote:
Originally posted by Scrooge McDuck

is the mortgage biz really this boring?



cas= virgin money...
cyborg7

338 Posts

Posted - 11/07/2009 :  12:07:08 PM
FHA JUMBO, never done one. I even forgot that FHA had Jumbo.
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