Need to find homes for the NOO stated loans. Help!

lehua20 · #1 (**permalink**) 05-24-2006, 06:46 PM

Can anyone help me find homes for these loans with decent rates.

1) 680 mid Fico, must go stated / stated on a NOO; depending on how you view rate term refinances and cash out refinance, this could be either. (Explaination-6 months ago the refinanced the subject property to purchase their now principal property.) They want to refinance that same subject property to get out of a neg-am. This is cond. We are looking at a 95% LTV. No assets

2) Just got out of a medical BK, rate term refinance on a NOO, at a 83% LTV. Has to go stated /stated. Before I pull credit, want to know if BK will be an issue. No assets.

Thank you for your inputs!
Jasmyne Peterson
lehua20@frontiernet.net

Greg · #2 (**permalink**) 05-24-2006, 07:37 PM

2 years out of bk no doubt about it.

Solid re-established credit..

New Century Prime... Mortgage Mover SISA 80/20 Gold Second...

6.875 and 15.25% approx.. par..

rashad2gs · #3 (**permalink**) 06-20-2006, 09:29 AM

Quote:

Originally Posted by Greg

2 years out of bk no doubt about it.

Solid re-established credit..

New Century Prime... Mortgage Mover SISA 80/20 Gold Second...

6.875 and 15.25% approx.. par..

Can you do 100% SIVA NOO?

Greg · #4 (**permalink**) 06-20-2006, 03:43 PM

Yep.. SISA, SIVA, No Ratio...

JLM Direct Funding does No Doc on a 680