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

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Old 07-31-2007, 01:34 PM
Jhinton Jhinton is offline
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scenario help???

i got an old lady here 89 y/o she is a 542 mid , 12x30 all rolling , fixed income, 85% ltv , o/o , cash out refi ,sfr in illinois . looking for i/o product also due to DTI issues , makes 2500 a month
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Old 07-31-2007, 05:16 PM
BrianAber BrianAber is offline
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Location: Gilbert, AZ
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How many derogatories are on her account? Why is that score so low? revolving balance?
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Old 08-01-2007, 11:33 AM
Gordon Lending Gordon Lending is offline
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I can do this. 540 score 85% LTV, Full doc to 55% DTI. 30 Year Fixed about 9.5% rate depending on loan size. Give me a call. Submit a full file today and be at the closing table Friday.
Ji Johansen
Gordon Lending
517-889-1179
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