UT - Spec Home 2.65 M - Mortgage Forums for Mortgage Brokers

Welcome to MortgageBrokerLand.com, an online community for the mortgage industry where you can join mortgage brokers, wholesale lenders, lead providers, and other industry professionals in discussions concerning today's mortgage business. To gain full access to MortgageBrokerLand.com you must register for a free account. As a registered member you will be able to:

Post loan scenarios for review by wholesale account executives and other mortgage brokers
Communicate privately with other members around the country
Establish your community reputation to take advantage of free offers from service providers

All this and more is available to you when you register for a free account. So sign up today!

If you have any problems with the registration process or your account login, please contact support.

		Mortgage Forums for Mortgage Brokers > Mortgage Business > Loan Scenarios and General Mortgage Talk
UT - Spec Home 2.65 M

#1 (permalink)

03-18-2008, 10:06 AM

brokerintheskye brokerintheskye is offline

Private Office

Join Date: Jan 2007

Posts: 218

brokerintheskye is on a distinguished road

UT - Spec Home 2.65 M

95% Complete
End Buyer in place
Owner - Builder
SFR
680 Mid
2.65 Appraisal
Needs 1.6 M
60% LTV before costs
218K Liquid
250K Invested so far
30 yr resume
Needs money for 60 days to complete the house and go through a 30 day escrow
1.2 M pays off current lender the other 400 K pays the vendors and completes the construction.
__________________

__________________
Skye Raphael -Ask me how an UNSECURED loan can help your borrowers!skyeraphael@yahoo.com

« 3 Properties MN SIVA - 687 Mid | FHA Approval Tips - Must Read »

Thread Tools
Show Printable Version Email this Page

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are Off

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Accredited Home Lenders Has bought Aames Home Loans	brendo927	Loan Scenarios and General Mortgage Talk	2	05-25-2006 11:44 AM
anyone do stated spec home?	gcalma	Loan Scenarios and General Mortgage Talk	4	05-23-2006 04:14 PM
Best Construction lender for Spec line!!!	Thills	Loan Scenarios and General Mortgage Talk	2	05-09-2006 11:01 AM

All times are GMT -7. The time now is 11:10 AM.