Thread: Help Me Fund My Loan!!!! LOOK*******
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Old 02-16-2008, 05:17 PM
loanscenarios2 loanscenarios2 is offline
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Exclamation Help Me Fund My Loan!!!! LOOK*******
I had an approval with a lender 63% dti going full doc, but they are no longer accepting new loans. I need to get this loan back on track can any lender help! My borrower has lots of assets and income from IRA and dividends and pension and Social secutiry. I am considering going stated and jumping my ltv up to 90% so borrower can pay off debts from equity instead of coming out of pocket to pay down debt.

I have the loan structured currently at 85% ltv based off the appraisel that just came in last week. Palm beach county, FL property it is SFR O/O. Fico 638 borrower and co borrower is 649. I am looking for a 10 yr IO or 30 yr IO or will consider what product you have available for this scenario. I have a complete package ready to submit.
Last edited by loanscenarios2; 03-19-2008 at 01:23 PM. Reason: changes occured to the loan
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