Loan scenario: CA, $850,000, 586 FICO, 90% LTV, Refinance, SF, stated, OO

[21BALLIN]

Borrower Name: JOSE

State Loan Located: CA

Purchase or R&T Refi: REFI-CASHOUT-DEBT CONSOLIDATION

Appraised value: $950,000

Loan amount: $ 850,000

Cash out amount: 33,000

LTV/ CLTV: 65%

Credit score: 586

Doc type: STATEDWAGER EARNER

Program 2/28

Range of rate: ANY

Rebate wanted: 1-2

Prepay:

DTI: 41/48

Occupancy: OWNER OCCUPIED

Property type: SFR

Mortgage lates last 12 months: 0x30

Mortgage lates last 24 months: NONE

BK or FC and date


CALL ME
MICHAEL SMITH
888-835-1170 x1

[florida man]

encore or mila can do this loan stated on a 2/48 term.

the fifty year term will probably soften the blow on the payment. The cashout / stated eliminates him from my conforming lenders.

hope this helps....