4.8 M Purchase in NV

brokerintheskye · #1 (**permalink**) 10-02-2007, 07:33 AM

70% Complete
62% LTV
DTI is below 30%
Assets thru the roof
NV
OO
SFR
Purchase
High 700 Scores

Greg · #2 (**permalink**) 10-03-2007, 04:35 PM

You and your million dollar deals...

You must be hanging with the right crowd.

brokerintheskye · #3 (**permalink**) 10-03-2007, 05:04 PM

Don't be a hater! LOL

How are you Greg?

Greg · #4 (**permalink**) 10-03-2007, 05:25 PM

I would be better if I could say where you could close this. I hate looking for people to do your deals. They always say no no this guys loan is too big for us and that is because 4 million does not exist in my 1000 loan officer state lol.

brokerintheskye · #5 (**permalink**) 10-03-2007, 05:30 PM

No worries. I think I am going to do this in house hard money. I was trying to broker it out and save him the points but ain't working.

Greg · #6 (**permalink**) 10-05-2007, 02:50 PM

I think I found one.

National City Mortgage but 5 mill limit at 60% with 70% CLTV 720 minimum