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Loan Scenario: AZ, $417,000, 740, 57% LTV, Cash Out Refinance

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Forums » For Mortgage Professionals » Loan Scenarios » Loan Scenario: AZ, $417,000, 740, 57% LTV, Cash Out Refinance
 

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Latest post Wed, Apr 15 2009 12:54 AM by Dan Larkin. 4 replies. Viewed 541 times.
Page 1 of 1 (5 items)

  • Sat, Mar 28 2009 3:42 AM                

    |Contact
    Loan Scenario
    View All    Post A Scenario
    Loan State: Arizona
    Loan County: Maricopa
    Loan Type: Cash Out Refinance
    Loan Amount: $417,000
    Property Value: $736,000
    LTV: 57%
    FICO: 740
    DTI: 45
    Occupancy Type: Owner-Occupied
    Property Type: Single Family Residence

    looking for a lender to do cash out refi on recently listed property.

  • Tue, Mar 31 2009 4:06 PM                 In reply to

    |Contact

    So long as the property is not currently listed for sale, I dont see a problem with this.

     

    Email me if you want to discuss further.

    michael_chavkin@countrywide.com

  • Tue, Apr 7 2009 7:52 AM                 In reply to

    |Contact

    U.S. Bank  Jeff Kooi is the local Az Rep.   Go to usbank.com/brokerloans. 

     

    Steve in Flagstaff   928      774      8770

     

    great luck

  • Fri, Apr 10 2009 1:19 AM                 In reply to

    |Contact

    We can do one day off market for R&T or cash out on conforming loan amount...    Wholesale direct lender here....

    Daron Chelette

    JMAC Lending

    daron@jmaclending.com

  • Wed, Apr 15 2009 12:54 AM                 In reply to

    |Contact

    Hi Allen,

    We ended the day today at 4.875% (for AZ) with one of our lenders that will do this on properties 1 day off the MLS. (45 day lock with Escrows, no points, $675 lender fees and that includes appraisal fee. title fees in AZ are higher, about $1200 with a reissue policy)

    You can call or e-mail me tomorrow,

    Thanks,

    Dan

     

    DANIEL F. LARKIN

    Senior Mortgage Consultant

    Wintrust Mortgage

    600 Hart Rd Suite 130

    Barrington, IL 60010

    847-277-1781 ofc

    847-620-2591 fax

    312-952-8068 cell

     
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