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

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Old 01-29-2006, 12:10 PM
cassie701 cassie701 is offline
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Hard Money Lenders!!

State: PA
Amount: $334,000
Property type: SF
Documentation: bkstat
FICO: 499
LTV: 100%
Occupancy: OO
Loan purpose: Purchase
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Old 01-30-2006, 09:16 AM
HisHouseMortgage HisHouseMortgage is offline
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Location: Lansing, MI
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Sorry Cassie, Hard money lenders typically only lend 50-65% LTV. If you get that one done let us know. We can all become millionaires overnight. Good luck
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Old 01-30-2006, 01:49 PM
brendo927 brendo927 is offline
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Only hard money lender I have used is Eastern Savings. You will need a full doc 65% LTV. Just be careful and watch your fees because they are a real shady company and charge 2 points upfront for themselves.
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Old 01-30-2006, 02:03 PM
HisHouseMortgage HisHouseMortgage is offline
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I agree brendo, I've used Eastern as well. They also like a minimum loan amt of 100k. so value must be 155k
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