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rugreedy

30 Posts

Posted - 12/10/2006 :  01:22:54 AM

A loan officer in my office needs to do 2 refi's. 798 score, Stated, 50% ltv. Any lenders allow loans to loan officers or Brokers? I think it would be easier to send him to my buddy who is a broker??

Thanks in advance
Chris Clark

5966 Posts

Posted - 12/10/2006 :  06:02:54 AM
quote:
Originally posted by rugreedy


A loan officer in my office needs to do 2 refi's. 798 score, Stated, 50% ltv. Any lenders allow loans to loan officers or Brokers? I think it would be easier to send him to my buddy who is a broker??

Thanks in advance



Doing one very similar right now with First Magnus. The one I'm doing is for an investment property at that. Give them a call.
MortgageMadnessI

300 Posts

Posted - 12/10/2006 :  06:07:25 AM
Indymac will do it!
workin hard

77 Posts

Posted - 12/10/2006 :  06:57:55 AM
Homecomings, with no problem
Coffee Is 4 Clos

1635 Posts

Posted - 12/10/2006 :  07:10:45 AM
Astoria will do it... probably the better rates of the choices with that score and LTV.
lastyyle

1037 Posts

Posted - 12/10/2006 :  11:31:21 AM
We will do loans for Loan officers and Brokers.
No adjustments to guidelines.

call or email me to discuss what you need.
shawnwallen

360 Posts

Posted - 12/10/2006 :  11:35:34 AM
quote:
Originally posted by rugreedy


A loan officer in my office needs to do 2 refi's. 798 score, Stated, 50% ltv. Any lenders allow loans to loan officers or Brokers? I think it would be easier to send him to my buddy who is a broker??

Thanks in advance



The stated is the problem! Make sure you highlight the stated!
daronc

1249 Posts

Posted - 12/10/2006 :  12:20:00 PM
We do will do them... You would probably be better paying the extra .125 - .25 price hit for No Ratio... Give me a call to talk about them...



Daron Chelette
Sr.Account Executive

JMAC Lending
www.jmaclending.com
Direct: (619) 564-4727
Fax: (800) 948-2914

Email: daron@jmaclending.com

AIM: DaronAtJMAC
G-Talk: DaronAtJMAC
Yahoo: DaronAtJMAC
MSN: daron@jmaclending.com
ICQ: 470114017


** Ask about our new 100% NOO program **

Lending in the following states:
AZ, CA, CO, CT, DC, FL, GA, HI, IA, ID, IL, IN, KS, LA, MA, MD, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, OK, OR, SC, TN, TX, UT, VA, WA, WI, WY
rugreedy

30 Posts

Posted - 12/10/2006 :  7:12:55 PM
Wow,

Thanks for all the responses!
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