Go Back   Loan Officer Forum > Loan Officer Forum > Loan Placement
Members List Search Today's Posts Mark Forums Read

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 01-20-2007, 08:52 PM
nzperez nzperez is offline
Junior Member

 
Join Date: Jan 2007
Posts: 3
nzperez is an unknown quantity at this point
Default 1.285 million rate and term, refi... LOW FICO HELP!

558 fico

1,285,000 million L/A

71% LTV

1.8 million property value

rate and term

SFR

o/o

were trying to get them out of a hard money loan that they have paid on time for a full year and have no lates.
Reply With Quote
  #2 (permalink)  
Old 01-20-2007, 08:52 PM

Troy's Avatar

Troy Troy is offline
Administrator

 
Join Date: Dec 2006
Location: Beverly Hills
Posts: 180
Troy will become famous soon enoughTroy will become famous soon enough
Default

My guess is that there are plenty of subprime lenders that will touch this. Is this full doc? You may have to get an exception for the loan amount, but I think it can be done.

You also may want to try World Savings as they are NOT fico dependent. They may be able to give you a screamin deal with the 1 year history of on time payments.

Troy
__________________
I build better mousetraps
Reply With Quote
  #3 (permalink)  
Old 01-20-2007, 08:53 PM
nzperez nzperez is offline
Junior Member

 
Join Date: Jan 2007
Posts: 3
nzperez is an unknown quantity at this point
Default

hey thank you for the reply, it is very much appreciated, unfortunatly they world savings doesnt go that high on the loan amount. if you have another resource or if anyone has another resource that might take this loan please let me know......
Reply With Quote
Reply


Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is Off
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT. The time now is 10:11 PM.


Powered by vBulletin® Version 3.6.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.0.0 RC8
vB.Sponsors
vB Ad Management by =RedTyger=