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

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Old 08-27-2008, 04:42 PM
sandra70707 sandra70707 is offline
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Jumbo Cashout Refi Are They Out There?


I HAVE A CUSTOMER THAT OWES 1.257 MIL ON THE FIRST AND 350 ON THE SECOND. THEIR HOUSE WAS APPRAISED AT 2.1 AND THEY ARE LOOKING ON COMBINING THE FIRST AND SECOND AND CASHING OUT. THEY ARE AT 80 RIGHT NOW AND ARE TRYING TO GET TO 90 OR 85 LTV. ANY IDEAS. CREDIT SCORE IS 680 FULL DOC NO BK. CLEAN BORROWER.
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Old 08-28-2008, 11:05 AM
InfiniteOne InfiniteOne is offline
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What state is this property in?
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Old 08-29-2008, 10:21 AM
sandra70707 sandra70707 is offline
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illinois
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Old 08-29-2008, 12:29 PM
InfiniteOne InfiniteOne is offline
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Unfortunetly I cannot do Illinois. Sorry I couldn't help.
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Old 09-02-2008, 08:28 AM
InfiniteOne InfiniteOne is offline
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Try Fifth Third Bank..They still have some equity jumbo programs available...they may have a 700 min FICO but I can't remember off the top of my head. Good luck
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Old 09-11-2008, 12:46 PM
sharon333 sharon333 is offline
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Thanks for the suggestion.
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Looking for a Dallas Texas mortgage.
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Old 09-29-2008, 09:25 AM
troywilburn troywilburn is offline
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Have you ran DU?
Troy Wilburn
Assurity Financial
866.901.6825x10168
720.257.6719
Troy.Wilburn@assurityfinancial.com

Last edited by troywilburn; 09-29-2008 at 09:38 AM.
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Old 10-15-2008, 04:47 PM
nuwayventure nuwayventure is offline
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NUWAY VENTURE is a consultant company that helps buyers, sellers & brokers find what they need. I have direct contact with LENDERS & PRIVATE INVESTORS that fund, Residential Loans, refis, Commercial Loans, refis, Private Loans, Hard Money, JV, Interest Free Loans, Luxury Homes, refis, Construction Loans, just tell me what you are looking for and I will find it for you. This is a ONE STOP SHOP. Please send contact info ASAP.
Lamon Holloway
670 Rolling Green Dr.
Las Vegas, NV 89169
702-731-1416
nuwayventure@cox.net
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