Learn. Share. Connect. (55,967 Members)  - Join

Loan Scenario: SC, $110,000, 640, 100% LTV, Purchase

Site Tools

Join Now or Sign In
for Full Access to All Features

Shortcuts

Local Professionals
(Change Your Location)

Add Your Listing Here!
Target 25,000 Unique Visitors Per Day with New Local Ads!
Browse The Directory
What's this?

Active Users

Forums » For Mortgage Professionals » Loan Scenarios » Loan Scenario: SC, $110,000, 640, 100% LTV, Purchase
 

You do not have permission to post in these forums.  Join Now or Sign In to post.
Latest post Mon, Nov 2 2009 9:38 PM by Jason Harris. 1 replies. Viewed 239 times.
Page 1 of 1 (2 items)

  • Mon, Nov 2 2009 12:23 PM                

    |Contact
    Loan Scenario
    View All    Post A Scenario
    Loan State: South Carolina
    Loan County: Georgetown
    Loan Type: Purchase
    Loan Amount: $110,000
    Property Value: $110,000
    LTV: 100%
    FICO: 640
    DTI: 35
    Occupancy Type: Owner-Occupied
    Property Type: Single Family Residence

    Client has co borrowers (his parents)  which drops his dti to 34% need to find a bank to take this one to. Please contact me via email angelasueadams@yahoo.com

  • Mon, Nov 2 2009 9:38 PM                 In reply to

    |Contact

    Probably going to need to see if the buyer can come up with 3.5% down or qualify for any FHA approved down payment assistance. Seems like with non-occupant co-borrowers this will be your best bet.

     

    Take Care,

     

    Jason

    PREMIUM MEMBER
     Jason Harris - Customer service is my focus. I am available 24/7 via phone or email with answers to your questions. Your source for the right answer the first time...everytime!!
    jason.harris@reallivingmortgage.com
    614-571-0126
Page 1 of 1 (2 items) | | Forum Navigator
Home - About - Contact - Sitemap - Disclaimer - Privacy Statement - Advertising - RSS - Link To This Page

All Content Copyright © 2003 - 2010 Brown House Media, Inc. All Rights Reserved.
Reproduction in whole or in part in any form without the express written permission of MortgageNewsDaily.com is prohibited.