| 11 Scenarios- Arizona And California
I. $257K 2ND MORTGAGE ARIZONA
O/O
SFR
Value - $650k
Loan Amount $257K
1st Mortgage Balance $250k
78% CLTV
DTI 38%
MID SCORE 712
HELOC
Interest Only
SIVA
Need An AVM OR PIW or we can lower the loan amount to $250K
II. $528K RATE & TERM REFINANCE- CALIFORNIA
O/O
SFR
MID 603
STATED- NO RESERVES- OR MAKE IT A C/O REFI AND USE THE CASH OUT AS RESERVES
APPROX VALUE $660K
Loan amount $528K
80% LTV
98% CLTV
Leave 2nd in place or if you can do both...great!
recently purchased in August 2006
Prepay ok.
III. $274K R/T REFINANCE ARIZONA
O/O
SFR
Mid Score 563
95%
Full Doc
Loan Amount $274,550
Value $289K
Recently purchased August 2006
IV. $585K C/O REFINANCE- KS-CALIFORNIA
O/O
SFR
BORROWER 560
C/O REFINANCE
$585K LOAN AMOUNT
$750K APPROX VALUE
78% LTV
95% CLTV
ANY PROGRAM
FULL DOC-12 MONTHS BANK STATEMENTS
NEED TO CLOSE ASAP!!!
1ST- $585K
2nd- $134,391 remain in place
OR IF YOU CAN DO BOTH...GR
V. $450K R/T REFINANCE- ARIZONA
SFR-ARIZONA
RATE/TERM REFINANCE- recently refinanced in a neg. am want out…..
90.909%
$450K LOAN AMOUNT
$495K VALUE
MID 753
SIVA
NO IMPOUNDS
NO PREPAY
I/O
2ND HOME BUT RENTS IT OUT WHEN HE IS NOT IN TOWN SO MAY HAVE TO CONSIDER IT A NOO.
VI. $510K PURCHASE- CALIFORNIA
$510K SALES PRICE
O/O
FTHB
SFR
100%
SCORES- 710 & 649
ANY PROGRAM INTEREST ONLY OR OPTION ARM TYPE SIVA, NO DOC NO RATIO
COE END OF THIS MONTH!!!
VII. $600K PURCHASE-CALIFORNIA
O/O
Sales price $600K
CONDO
NEW CONSTRUCTION
MID 720
SIVA
100%
10K DEPOSIT IN ESCROW
QUICK CLOSE NEEDED!!!
VIII. $361K R/T REFINANCE (RB) ARIZONA
Borrower Quit Claim Onto Title January 2007- Has Made 12 Months Payments Directly To Lender. I Have 12 Months Cancelled Checks.
NOO
SFR
$361k Loan Amount
$380k Value
95%
Any Program
I/O
Mid Score 766
SIVA
Prepay Ok
No Impounds
Quick Close Needed!!!!!
IX. $342K R/T REFINANCE ARIZONA
Borrower Quit Claim Onto Title January 2007- Has Made 12 Months Payments Directly To Lender. I Have 12 Months Cancelled Checks.
SFR
$342k Loan Amount
$380k Value
90%
Any Program
Mid Score 753
SIVA
NOO
Prepay Ok
No Impounds
X. $425K R/T REFINANCE -ARIZONA
O/O
SFR
$425K VALUE
$425K LOAN AMOUNT
100% OR HIGHEST LTV (MAYBE JUST REFI THE 1ST)
Stated NO RESERVES
purchased home in Oct 2006 want better rate (purchase price $405K with
a prepay)
mid score 651
high score 700
100% (1 loan NO MI or 2)
XI. $600K PURCHASE-IA-CALIFORNIA
100% 1 LOAN NO MI OR 2LOANS
BORROWER- MID SCORE 683
O/O
SFR
Retired
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