Mortgage Broker Land
Net Branches | Wholesale Lenders | Lead Companies | Credit Companies | Trainers | Processors | Mortgage Brokers

Welcome to MortgageBrokerLand.com, an online community for the mortgage industry where you can join mortgage brokers, wholesale lenders, lead providers, and other industry professionals in discussions concerning today's mortgage business. To gain full access to MortgageBrokerLand.com you must register for a free account. As a registered member you will be able to:
  • Post loan scenarios for review by wholesale account executives and other mortgage brokers
  • Communicate privately with other members around the country
  • Establish your community reputation to take advantage of free offers from service providers
All this and more is available to you when you register for a free account. So sign up today!

If you have any problems with the registration process or your account login, please contact support.



Go Back   Mortgage Forums for Mortgage Brokers > Mortgage Business > Loan Scenarios and General Mortgage Talk

Reply
 
Thread Tools
  #1 (permalink)  
Old 05-15-2008, 02:36 PM
DarylB DarylB is offline
Newbie at a desk in the hall
 
Join Date: Mar 2008
Posts: 7
DarylB is on a distinguished road
3 Scenarios if anyone can help

- 1 -
646 SIVA primary resident purchase price of 358,500 and 90% LTV. I understand it's hard to find any MI companies to insure this but figured I would try.

- 2 -
680 SISA primary resident cash-out REFI, 80-90% LTV, the more the better.

- 3 -
615 full doc 2nd home 90% ltv 110k loan amount. This is a stretch but who knows.
Reply With Quote
  #2 (permalink)  
Old 05-16-2008, 08:29 AM
Barbaro Barbaro is offline
Window Cubicle
 
Join Date: May 2008
Location: Omaha
Posts: 68
Barbaro is on a distinguished road
You have some tough ones there. Does FHA do 2nd homes? If so, maybe that's an option for #3.
Reply With Quote
  #3 (permalink)  
Old 05-16-2008, 09:52 AM
DarylB DarylB is offline
Newbie at a desk in the hall
 
Join Date: Mar 2008
Posts: 7
DarylB is on a distinguished road
Wink

Quote:
Originally Posted by Barbaro View Post
You have some tough ones there. Does FHA do 2nd homes? If so, maybe that's an option for #3.
No, I wish.
Reply With Quote
  #4 (permalink)  
Old 05-16-2008, 03:05 PM
ravi.inuva ravi.inuva is offline
Cubicle next to the copy machine
 
Join Date: May 2008
Location: Davie, FL
Posts: 14
ravi.inuva is on a distinguished road
In which state are these properties??? Self employed or W-2??

Thanks
Ravi
Quote:
Originally Posted by DarylB View Post
- 1 -
646 SIVA primary resident purchase price of 358,500 and 90% LTV. I understand it's hard to find any MI companies to insure this but figured I would try.

- 2 -
680 SISA primary resident cash-out REFI, 80-90% LTV, the more the better.

- 3 -
615 full doc 2nd home 90% ltv 110k loan amount. This is a stretch but who knows.
Reply With Quote
  #5 (permalink)  
Old 05-19-2008, 10:02 AM
DarylB DarylB is offline
Newbie at a desk in the hall
 
Join Date: Mar 2008
Posts: 7
DarylB is on a distinguished road
Quote:
Originally Posted by ravi.inuva View Post
In which state are these properties??? Self employed or W-2??

Thanks
Ravi
Florida
1 - W2

2 - SE
Reply With Quote
  #6 (permalink)  
Old 05-30-2008, 08:45 AM
Greg's Avatar
Greg Greg is offline
Super Moderator
  
 
Join Date: Dec 2005
Location: Chillicothe, Ohio
Posts: 2,153
Greg is a glorious beacon of lightGreg is a glorious beacon of lightGreg is a glorious beacon of light
Send a message via ICQ to Greg Send a message via AIM to Greg Send a message via MSN to Greg Send a message via Yahoo to Greg
Sorry I have nothing for all 3.
__________________
Greg Phillips
Manager
Fairfield Mortgage Company
Web : Home Forums Blog
Reply With Quote
Reply

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Loan Scenarios suppastar77 Loan Scenarios and General Mortgage Talk 1 07-03-2007 06:46 AM
Loan Scenarios suppastar77 Loan Scenarios and General Mortgage Talk 0 05-29-2007 01:41 PM
Some more loan scenarios suppastar77 Loan Scenarios and General Mortgage Talk 6 02-28-2007 08:19 PM
2 Loan Scenarios suppastar77 Loan Scenarios and General Mortgage Talk 1 02-08-2007 05:52 PM
Can Anyone Help Me With These Scenarios????? mesbahul Loan Scenarios and General Mortgage Talk 3 11-08-2006 01:08 PM


All times are GMT -7. The time now is 04:51 AM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd.
Search Engine Friendly URLs by vBSEO 3.0.0
© MortgageBrokerLand.com. All Rights Reserved. Terms of Service