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Loan Scenario: CA, $1,500,000, 686, 75% LTV, Purchase

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Forums » For Mortgage Professionals » Loan Scenarios » Loan Scenario: CA, $1,500,000, 686, 75% LTV, Purchase
 

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Latest post Sun, May 3 2009 7:41 AM by Stuart Kishner. 4 replies. Viewed 433 times.
Page 1 of 1 (5 items)

  • Wed, Apr 8 2009 1:01 AM                

    |Contact
    Loan Scenario
    View All    Post A Scenario
    Loan State: California
    Loan County: Los Angeles
    Loan Type: Purchase
    Loan Amount: $1,500,000
    Property Value: $2,000,000
    LTV: 75%
    FICO: 686
    DTI: 11
    Occupancy Type: Owner-Occupied
    Property Type: Single Family Residence

    Looking for a good 5/1 ARM product preferably with IO for this high net worth individual. Here's the catch: he's got millions in assets, but almost all of it is currently in his business account. He's 1/3 owner in the company. Most banks say biz funds are a 'no no.' Where can I go with this, get a decent rebate and still offer him something in the mid to upper 5% range? Possible? 

  • Wed, Apr 8 2009 8:11 PM                 In reply to

    |Contact

    Try Luther Burbank

  • Mon, Apr 27 2009 6:15 PM                 In reply to

    |Contact

    If you are seeking Hard Money, I can go up to 80% LTV with best rates & terms. Email or call me. Thanks!

    Bobby Doyle

    972-464-7148

    dfs4you@gmail.com

    www.dfs-dsc.com

     

  • Sun, May 3 2009 7:41 AM                 In reply to

    |Contact

    My program caters to thsi type of borrower. Email me for details  (skyg@ica.net)
Page 1 of 1 (5 items) | | Forum Navigator
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