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Originally Posted by loanscenarios2 I had an approval with a lender 63% dti going full doc, but they are no longer accepting new loans. I need to get this loan back on track can any lender help! My borrower has lots of assets and income from IRA and dividends and pension and Social secutiry. I am considering going stated and jumping my ltv up to 90% so borrower can pay off debts from equity instead of coming out of pocket to pay down debt.
I have the loan structured currently at 85% ltv based off the appraisel that just came in last week. Palm beach county, FL property it is SFR O/O. Fico 638 borrower and co borrower is 649. I am looking for a 10 yr IO or 30 yr IO or will consider what product you have available for this scenario. I have a complete package ready to submit. |
I can get DTI exceptions up to 65%. Please call me at you earliest convenience.
Chad Scott
National Account Executive
WJ Capital Corporation
1761 East Garry Ave 2nd Floor
Santa Ana, CA 92705
Toll free 1-877-305-5363 ext 31
Cell 714-213-1581
Fax 714-242-7532
chad@wjcapital.com