Loan Scenario: NV, $110,000, 740, 26% LTV, Refinance (Rate and Term)
Loan State: Nevada
Loan County: Clark
Loan Type: Refinance (Rate and Term)
Loan Amount: $110,000
Property Value: $425,000
Occupancy Type: Second Home
Property Type: Single Family Residence
High credit score, owe $100K, Looking for 15-30 year loan, 6% or less. Currently self-employed. House is on market for $465K.
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.