Loan Scenario: CA, $800,000, 650, 38% LTV, Cash Out Refinance
Loan State: California
Loan County: Los Angeles
Loan Type: Cash Out Refinance
Loan Amount: $800,000
Property Value: $2,100,000
LTV: 38%
FICO: 650
DTI: 42
Occupancy Type: Owner-Occupied
Property Type: Condo > 5 Stories
HIGH RISE COND CASH OUT REFI
38% PROJECTED LTV
650 FICO
TITLE AND LIEN IN FAMILY CORP NAME (17% OWNER OF CORP)
TITLE WILL CHANGE TO SOLE AND SPERATE AT CLOSE OF ESCROW
LOAN AND TILE TO BE IN BORROWER'S NAME
W2 SALARIED BORROWER