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  • Loan Scenario: MI, $19,000, 548, 63% LTV, Purchase

    [Scenario] I was hit with medical bills and want to buy a home. I found out I was in default when I went to buy this home. Since then I paid off all my late bills. My creadit score does not reflect my reliability or ability to pay my debts. I would be willing to pay a higher intrest rate and can come...
    Posted to Loan Scenarios (Forum) by Tim Ellison on Thu, Jul 9 2009
  • Loan Scenario: CA, $250,000, 670, 25% LTV, Cash Out Refinance

    [Scenario] I'm just looking for a 30 year fixed rate conventional mortgage for this borrower. I need a loan that will consider the owner's equity position over the documented DTI. C'mon some company must have a portfolio type loan for this borrower! INCOME: Retiree who receives Social Security...
    Posted to Loan Scenarios (Forum) by Brad Money on Fri, Mar 27 2009
  • Re: VA 100% Cashout Lenders?

    Cash-out Refi The maximum cash-out refinancing loan is limited to 90% of the property value shown on the NOV. However, loans to refinance construction loans, installment land sale contracts, and loans which were assumed by veterans and bear interest at a higher rate than the proposed VA-refinancing loan...
    Posted to Loan Scenarios (Forum) by Daniel Helvey on Thu, Nov 27 2008
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