pick a payment

[joso61]

which lenders offer pick a payment loans?
looking for lenders that offer option for borrower to pick a payment ex option of three 1. interest only for that month or 2. to pay PI or 3. fixed....
please provide me with more info if you have it
thanks

[jimswainbbmc]

World Savings offers a loan based on their COSI index that offers four options: A minimum payment ( I have seen the minimum pay rate as low as 1.5 percent), Interest Only, 15 year and 30 year options. Greenpoint also has a similar program.

[Thills]

Take your pic,

World
WAMU
Countrywide
Bear Stearns
Greenpoint
Southstar
ABC
1st National Bank of Arizona
Webster bank

just to name a few

Originally Posted by joso61

which lenders offer pick a payment loans?
looking for lenders that offer option for borrower to pick a payment ex option of three 1. interest only for that month or 2. to pay PI or 3. fixed....
please provide me with more info if you have it
thanks

[AE - aggressive expeditor]

How bout a true 1% start rate w/a 40 year term? and a 1x30,? howz that for an option ARM? or should I say an XTREME option ARM

Cindre Scott
Account Executive aka "Aggressive Expeditor"
Zone Funding - Simi Valley , CA
c.scott@zonefunding.com
(805) 244 - 9513 Direct line
(661) 600 - 7436 Cell
(805) 244 - 9613 E-Fax
AZ, CA,CO, HI, MI, MO, MT, NM, NV, OR, TX, WA

[Greg]

Hey do not forget New Century Prime... lol

1x30 is a no no for these loans. I have yet to see a lender extend one to a delq mtg customer but.. I hardly do these...

However....

I need one for Stated Income 100% LTV or CLTV preferrably.. Mid score is 644