Loan Scenario: GA, $532,000, 674, 56% LTV, Refinance (Rate and Term)
Loan State: Georgia
Loan County: Oconee
Loan Type: Refinance (Rate and Term)
Loan Amount: $532,000
Property Value: $950,000
LTV: 56%
FICO: 674
DTI: 52
Occupancy Type: Owner-Occupied
Property Type: Single Family Residence
This is a take out of a construction loan. Can't do a jumbo... credit score. I have
an approval for 417k 1st mortgage, but need a $115k interest only to back it. Borrower is
self employed, entertainment industry. 2008 tax returns & projected bookings look great.
Desperately seeking a "Your loan amazes me", to pair with my first. Yes, that was a hint!
Please,... any input is appreciated. I'd love to see this guy get on with life and write
another hit song.