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Kle
111 Posts |
 Posted - 04/05/2005 : 1:56:37 PM
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NEED NO SEASONING (JANUARY 2005 PURCHASE), NEED 80% LTV FICO 554 MID.
15K CASH OUT. LOAN AMOUNT $351500. ANY TAKERS?
KEVIN
loanofficer1@hotmail.com |
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wrhllc
59 Posts |
Posted - 04/05/2005 : 2:23:23 PM
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| Try Long Beach Mortgage... I was told they do cash out refis with no seasoning requirements... |
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Kle
111 Posts |
Posted - 04/05/2005 : 3:23:29 PM
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| Thanks!!! |
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Kle
111 Posts |
Posted - 04/05/2005 : 4:00:40 PM
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CALLED OUR LOCAL AE FOR LONG BEACH, AND THEY WILL DO NO SEASONING, BUT WILL ONLY DO 80% MAX LTV. THEY SAY THAT THEY WILL USE THE PURCHASE PRICE AT 90%LTV, AND THE APPRAISAL PRICE MAX 80%LTV.
I NEED SOMEONE THAT WILL DO 90-95%CLTV ON THE APPRAISAL PRICE..
ANY TAKERS? |
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MSGulfCoast
181 Posts |
Posted - 04/05/2005 : 5:16:33 PM
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| what are you, subordinating a 2nd? |
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midas
4409 Posts |
Posted - 04/05/2005 : 5:28:34 PM
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| try accredited |
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Lender4life
57 Posts |
Posted - 04/08/2005 : 12:11:41 PM
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No seasoning,no reserve and Mortgage Only products.
1st time home buyer OK-up to 107%
680 fico,100% cltv INVESTOR FINANCING
620 fico,stated income to 100%, interest only, owner occupied
580 Full doc to 100% - 1 Loan NO MI or 80/20
600 Full doc to 103% - 1 Loan NO MI, 1st & 2nd homes - purchase or refi
680 Full doc to 107%
680 NO DOC to 100%
Foreign Nationals Programs - No SSN
Interst only option on all loans including 2nd trust, must have min 560
Pay Option ARM's to 95% - up to 6 million $$
Super Jumbo's to 4 Million
1 credit score - build Alt credit
Funding loans from A to D, FHA & VA
lowest Fico 500
min loan amount $70k
Fannie Mae Approved Loan Servicer
Mortgage Professionals ONLY!!!!!!
If your not a mortgage professional, Please have your loan officer call.
www.WestStarWholesale.com
Call: John Lassiter
Account Executive
WestStar Mortgage, INC.
mobil:703-403-6426
office:703-497-3960
Toll Free: 888-349-3773ext379
Funding in these states: CO, CT, DC,DE, KY, IN, MA, MD, MN, MO, NC, NV, RI, SC, TX, VA, WA |
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zach
198 Posts |
Posted - 04/08/2005 : 3:51:05 PM
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| might try flagstar, I remember them mentioning they have no seasoning issues im not certain though and they are not fico driven. |
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mortgageoffice
34 Posts |
Posted - 04/09/2005 : 4:01:37 PM
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| Long Beach changed guidelines this week: 6 months for NOO and 3 months for OO. To 90% of Appraised Value. Impac Lending for true no seasoning. |
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mcole
7 Posts |
Posted - 04/10/2005 : 09:03:51 AM
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I'm doing one for a client now through Accredited.
It's a cash-out NOO at 80%. |
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mortgageoffice
34 Posts |
Posted - 04/10/2005 : 1:30:45 PM
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| Is the 80% deal through Accredited a conforming deal? Is ownership less than 6 months? |
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MSGulfCoast
181 Posts |
Posted - 04/22/2005 : 1:00:38 PM
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| I've got 1.5M in NOO with no seasoning through long beach right now, 90% (100% CLTV)....appraised value. Who told you they changed seasoning requirements? |
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