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Home »  Forums » For Mortgage Professionals » Loan Scenarios » Loan Scenario: PA, $68,000, 740, 77% LTV, Purchase

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Latest Post: Fri, Oct 9 2009 4:55 PM by Rich Chip
  		• Fri, Oct 9 2009 4:55 PM
    Loan Scenario: PA, $68,000, 740, 77% LTV, Purchase
    Loan Scenario
    View All    Post A Scenario
    Loan State: Pennsylvania
    Loan County: Montgomery
    Loan Type: Purchase
    Loan Amount: $68,000
    Property Value: $88,000
    LTV: 77%
    FICO: 740
    DTI: 30
    Occupancy Type: Owner-Occupied
    Property Type: Condo

    Solid buyer with reserves, 13 years on the job, 20%+ downpayment - problem is 12 of 27 units are owned by one entitiy.  Obviously over 10%, with at least 30% of all units rentals. 

    Rich Chip
     - View My Profile
    Rich Chip
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