Loan Scenario: CA, $12,000,000, 620, 60% LTV, Purchase

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Home » Forums » For Mortgage Professionals » Loan Scenarios » Loan Scenario: CA, $12,000,000, 620, 60% LTV, Purchase

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Post Statistics: 726 Views, 3 Replies
Latest Post: Fri, Sep 4 2009 5:39 PM by LJon Williams

Mon, Jul 13 2009 6:19 PM

asudevils

Loan Scenario: CA, $12,000,000, 620, 60% LTV, Purchase

Loan Scenario

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Loan State: California
Loan County: Los Angeles
Loan Type: Purchase
Loan Amount: $12,000,000
Property Value: $20,000,000
LTV: 60%
FICO: 620
DTI: 40
Occupancy Type: Owner-Occupied
Property Type: Single Family Residence

SUPER JUMBO, COULD POSSIBLY BE STRUCTURED AS A REFI AS IT IS A LEASE PURCHASE W/ RECORDED OPTION....LOOKING FOR SOPE SUGGESTIONS/OPTIONS ON THIS

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asudevils

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In Reply to This Post

Tue, Jul 21 2009 8:18 AM

ssmitty80
(Steve Smith)

Have you looked into asset based lending? No credit / no income to qualify. Perfect for any loan over 3-4 million.

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Steve Smith

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In Reply to This Post

Fri, Sep 4 2009 5:39 PM

Justgetitdone
(LJon Williams)

Here is the below Stated ranges and FICO's to 20 Million 680+ scores will get 75% 620 FICO 65% 700+ 80% Please contact me if interested. Best Regards, LJon

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Justgetitdone

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