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Old 05-03-2007, 05:55 PM
Gary Smith Gary Smith is offline
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Tough Loan Scenario 2
ARIZONA PROPERTY
O/O
SFR
PURCHASE
NO RATIO OR NO DOC
PURCHASE PRICE $510K
NO PPP
100% LTV/CLTV
751 MID FICO

Please email me at gsmith@libertyonelending.com if you can do this or if you know someone who can. Thanks!
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Old 05-03-2007, 08:46 PM
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GN and First Magnus will do 100% no ratio.
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Old 05-04-2007, 05:13 PM
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Did I just see Erik answer a scenario? Oh rep points!

lol

If you can do No Ratio then you can do SISA right?
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Old 05-04-2007, 05:33 PM
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Bizarre, huh?
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Old 05-04-2007, 05:40 PM
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In deed. So does this mean you are originating more now?

Hey I heard Utah was the worst state for fraud right now. Is that true?

Gary let me know on the telephone verification and if it is possible or not. I have about 15 that will do it if so and good rates too.
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Old 05-05-2007, 03:19 AM
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Well, had a few deals come up which I figured I might as well close but other than that no, still not actively seeking new deals.

Not sure on the Utah fraud capital thing. Last I heard it was still Georgia.
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