need help on a couple of scenarios

[-Rami-]

Thanks for taking the time,

[COLOR="RoyalBlue"]Scenario One:[/COLOR]
- Purchase, NJ, Owner Occ
- 90%CLTV, 625 FICO
- Stated/Verified (self employed), Loan Amount 324K, Purchase price 360K.
- Any program will do.

[COLOR="Blue"]Scenario Two:[/COLOR]
- Rate & Term, NJ, Owner Occ.
- 95%CLTV (75/20), 706 FICO
- Stated/Verified, Loan Amount 514K, Appraised 541K.
- Any program will do.

Suggestions are appreciated.

[Troy]

usually I'm quick with these, but my suggestion is probably to email everyone you are approved with that is still funding loans and see who will do it. sorry, but I think that's the best suggestion I have to offer for now....maybe wachovia. yay portfolio lenders!

[-Rami-]

Tryo, Thanks for your reply

It's a bit easier to jiggle the second scenario, yet i'd like to have someone take a shot at the first scenario.

[Business]

It seems to me that the business is moving more towards a 1 loan with MI product. I've been having woes trying to place seconds.

[Troy]

I think 1 loan with MI is overall just a better scenario for everyone. It's true that since the MI isn't tax deductible, the borrower loses that little bit. However, I still just believe it's an overall better deal.

[Business]

I would agree.