1.19 Million Purchase - HAWAII

[brokerintheskye]

25%-35% Down
OO
SFR
Hawaii
Good Income and Assets
Can do as one loan or two
Looking for the lowest rate/payment (no option arms)
702 Middle Score
No BK, FC or lates
Can go full doc
Appraisal Completed

Let me know...

[brendo927]

try new century prime or go for a FHA loan.....rates will be geat....gotta keep dti down nice and low though.

[brokerintheskye]

Cannot go super jumbo with FHA and New Century rates suck, but thanks.

[Greg]

lol thanks but opps.. No jumbo FHA.. lol :-)

But, wow look how high they actually go though....

HAWAIIHAWAII$391,850$441,350$536,250$618,750HONOLU LUHAWAII$544,185$658,106$799,568$922,578KALAWAOHAW AII$200,160$256,248$309,744$384,936KAUAIHAWAII$521 ,550$587,400$713,700$823,500MAUIHAWAII$544,185$638 ,750$776,100$895,500

I beg to differ my friend. www.newcenturyprime.com Put them up against your best and post back later. Did you mean the sub-prime rates suck? www.newcentury.com

Do you operate your office in Hawaii? I thought out of state lenders could only do 2nd homes and investment in Hawaii.? All primary residence's had to be done by an in state lender.

Did you submit this to someone and did they turn it down? Who was it and why?

[brokerintheskye]

Thanks for all the great information Greg, we have an office there.

And no we have not submitted the file yet - we just received it yesterday.

[brendo927]

noredtape....maybe they specialize in jumbo loans...neva used them and no idea how their rates are.....

[mknight]

We have pretty good rates for that one. Call your Fremont rep.

[brokerintheskye]

Hey didn't go out business? KIDDING That was a terribly silly thread on BO.

My Fremont rep said we were maxed...

[mknight]

Yeah seriously. In not funding that one loan we had to close our whole west coast division! j/k

Maxed? Maybe I'm missing something.

[brokerintheskye]

Maybe that is why my AE does not want the file. LOL

She told me that Fremont she could not do the file.