Lender For 100%optionarm In Newjersey

[cominex1]

Hello Room
I Need A Lender Doing Option Arm 100% Full Doc In New Jersey Kindly Respond A.s.a.p.


Thanks

A.j.

[MortgageDiva]

Well, it depends on what you mean by option arm. If you are talking about the MTA, then with a 620 mid score, up to $400k loan amount, at no more than 50% debt to income ratio, on an owner occupied property. We can do a
30, 20, 15, or 10 year fixed rate: 2/6, 3/6, 5/6, 7/6, 10/6 Hybrid LIBOR
0x30 Housing History last 12 months, no BK last 2 yrs., No foreclosure last 3 yrs. 3 tradelines, 2 for 12 months active currently, 1 with a 24 month history.
Fax me your credit report and 1003 and 1008 and I will be happy to prequal it for you.
Fax: 954-633-4901

[MortgageDiva]

I wanted to edit my previous post and take out the MTA part. Sorry.

[cominex1]

imean option arm linked with start rate of 1.5% the loan can be linked with mta or libor

a.j

[MortgageDiva]

Yes, we can do it as long as your mid score is 620 +, the start rate starts at 1.0, but then there are adds and/or deductions for ltv, program type, Credit score, term, and prepay.
If interested, visit my website at www.jeffersonhomemtg.com
The system will show you the fully indexed rate for the 1st. I have to calculate the 2nd for you. Email me at slee@jeffersonhomemtg.com or fax me at 954-633-4901 and I will hook you up with the rate info.

Have a Wonderful Day.

[cominex1]

dear mortgage diva
i have checked website i donot see cltv beyond 95% my client is looking for 100% cltv u think u can do it please advise me cominex2@aol.com a.s.a.p.


thanks

a.j.

[MortgageDiva]

The system will give you the 80% ltv part and I have to manually quote the 2nd. Fax me or email me the credit and let me run it for you. Thanks.
Fax: 954-633-4901
Email: susyleeae@comcast.net