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

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Old 08-15-2006, 08:47 AM
AMedina AMedina is offline
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New Purchase 100% Stated Fico 765

Who will do this loan with a decent rate on the 2nd and a no hasle stated. This is ready to close like now. Property is 505K.
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Old 08-15-2006, 09:26 AM
jrodgers@mortgagesimple.c jrodgers@mortgagesimple.c is offline
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What state?
Purchase Price?
Type of Property?
What type of loan are you looking for, i.e. Fixed, ARM, I/O, etc.

James Rodgers
Mortgage Simple
Alt/A, Jumbo, and Conforming

630-785-2022 Direct
630-785-2122 PreQual Fax
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Old 08-15-2006, 12:52 PM
waltersadvisors waltersadvisors is offline
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Try selling them an option arm with those scores. Keeps the payments low and can pay off early. World mortgage is a good one.
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Old 08-15-2006, 01:07 PM
AMedina AMedina is offline
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Its an SFR in FL. purchase price of 505k. The want an option arm but world only does 95%. We need to go 100% no question about that.
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Old 08-15-2006, 02:02 PM
mortgage_man mortgage_man is offline
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Do you want both loans at the same bank?

If it doesn't matter.....Citi Home-Equity is really good for stated 2nd's.
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Old 08-25-2006, 11:19 PM
GLOAT GLOAT is offline
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Old 08-27-2006, 07:33 PM
azwick azwick is offline
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I can price this for you-give me a call or send an email with the scenario details and I'll review it asap. Thanks!

Angela Zwick
Account Representative
Concord Mortgage Company
Direct: (313) 815-1012
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Old 08-29-2006, 06:01 PM
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Greg Greg is offline
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There is a post on the forum for a 100% CLTV 2nd.

New Century Prime allows 100% CLTV but if World Savings does too I would go with them.
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