SIVA/SISA 660 Score 95% R/T 90% C/O Conf. Rates

Greg · #1 (**permalink**) 01-15-2008, 11:16 AM

Fifth Third Bank.

www.53.com/wholesalemortgage

I was finding limited avenues for conforming type rates under a 680 and I found these guys.

They do it in Ohio too.

privateequity · #2 (**permalink**) 01-25-2008, 03:53 AM

wachovia will go there,,

keep me in mind for the super jumbos over 1.5 Million

florida man · #3 (**permalink**) 02-05-2008, 04:58 PM

I have a guy who is 680 fico, 2mil appraisal, is one million loan amount , cash out. Florida.

Needs sisa or siva. Can anyone do this?

Capanosa · #4 (**permalink**) 02-11-2008, 07:12 AM

This should not be a problem for me to get done for you
if you can email me the scenario i will take the time out to price it for you

dtodman@todmoney.com

NY mortgages : NY mortgage rates and home loans

florida man · #5 (**permalink**) 02-11-2008, 09:40 AM

Hi

Are you a lender? What is your banks name? Are you an account rep?

The scenerio is 680 fico 1 mil loan amount SFR 1.7 to 2mil appraisal.

sisa.

ravi.inuva · #6 (**permalink**) 05-19-2008, 02:05 PM

Did u find a lender for this loan. If not let me know and i can help.

Thanks
Ravi

Quote:

Originally Posted by florida man

I have a guy who is 680 fico, 2mil appraisal, is one million loan amount , cash out. Florida.

Needs sisa or siva. Can anyone do this?

coastaledge · #7 (**permalink**) 05-21-2008, 10:24 AM

I spoke with 5/3 Bank and they no longer have their SISA/SIVA programs. Greg, Do you know of any one else that would have SISA/SIVA for credit score of 665?

Thanks Greg

execdecision · #8 (**permalink**) 05-25-2008, 01:45 PM

700+ Credit Score for 100% LTV
550 - 700 Credit Score for 70% to 90% LTV
Loan Amounts between 1 M and 50M
Stated Income/Verified Assets; full doc also avaiable
Appraisal Needs to be current - Underwriting will verify current appraised value
Assets Need to be Current - Typically will look for 2 to 6 months PITI
Bank Statements are OK
Purchase/Refi - Rate/Term/Refi Cash Out

Loan Parameters Include:
3/1, 5/1, 7/1, 10/1 FIXED to ARM; 30 yr. fixed
Interest Rate between 7 and 8 - Credit Score will determine rate
No PPP

To submit need to see 1008, 1003, credit, assets (VOD or Bank Statements) and appraisal (if available

Sincerely,
Georgeann Dawson; Executive Decision
Email: gigi04061983@gmail.com

Greg · #9 (**permalink**) 05-30-2008, 08:41 AM

They are dying because MI companies will not insure them.

Best I see now is 700+ score and 80% max.