617 option arm stated

mortgagedirect · #1 (**permalink**) 08-02-2006, 12:14 PM

does anyone do a 617 middle fico stated on the option arm. i have been looking and cannot find anyone that will do under a 620. another company is telling my custoner that it cana be done at 617. it is a cash out. loan amount is $405.000 at 90% ltv. borrower is self employed. the property is located in michigan.

thank you

mortgage direct

cominex1 · #2 (**permalink**) 08-04-2006, 10:29 AM

try world savings they do 617 on case by case basis and their option arm is the best in the industry c.o.s.i loan is very popular

a.j.

World Savings AE · #3 (**permalink**) 08-12-2006, 09:34 PM

Best case scenario would be 80% max with that score with us

Greg · #4 (**permalink**) 08-14-2006, 12:38 PM

At least you do it under 620.. Try southstar lol.