| 100% LTV Stated Stated needed for Purchase
Needed Yesterday!
Borrowers are a Mother and Daughter
Mother's Credit Scores 592, 560, 557
Daughter's Credit Scores 615, 593, 545
Actual Appraised Value = $442,000.00 (Accomplished
7/23/07)
Purchase Price = $267,000.00 (Signed Purchase
Agreement)
Seller is contributing $10,000.00 towards Borrowers
Closing Cost
Combined Income $8,912.33
Borrowers Reserves = $7,500.00
LTV must be 100%
DTI = 42.022
This deal was in escrow, waiting on Docs, and
practically closed until this morning. The previous
lender's rate and fees changed over night. "SURPRIZE"!
Looking for this deal to be quickly funded.
Thanks!!!
Lionel Taylor
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