Loan Scenario: NV, $132,000, 740, 48% LTV, Refinance (Rate and Term)
Loan State: Nevada
Loan County: Clark
Loan Type: Refinance (Rate and Term)
Loan Amount: $132,000
Property Value: $275,000
Occupancy Type: Owner-Occupied
Property Type: Single Family Residence
Looking for a HARP 2.0 loan due to high LTV (100%-120%) in Las Vegas. High credit score (730-740), owe $130K on first with Wells Fargo, $165K on HELOC 2nd with US Bank (they have stated they will sub). Looking for 15 year loan, 3.5% or less. Currently self-employed.
No income (was not self-employed) 2010
little income 2011 ($2k, started business )
good cash flow in 2012 ($10K/month) from self-employment.
Have $9K well seasoned funds and assets of $500K+.
NO LATES OR MISSED PAYMENTS. Have not refi-ed since 2004.