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Old 03-06-2007, 05:05 PM
navcaninc navcaninc is offline
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Default Commercial/Restaurant

Suppose I had a restaurant owner who's 3 year Arm is maturing this year. Where would you place the following scenario.
Principle Owner's FICO, 680
LTV: 75%
Purpose: Cash Out, rehab and debt consolidation for Business
Stated Income Doc Type
Considering any program that would keep the DTI low. ARM's, Longer term Amortization programs, etc.

Restaurant located in Southern Cal.
Any suggestions
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Old 03-06-2007, 09:25 PM

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Troy Troy is offline
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Redwood Mortgage might do it
800-861-5626

Pacific Lending Group might
877-438-8340

if not, maybe they can't point you to someone better.

Sorry, but I don't have a lot of experience with restaurants.

Troy
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