Chief Tutor
10-03-2006, 10:19 AM
Thread originally posted by Terry (http://www.realestateforum.com/member.php?u=1381)at real estate forum. Click on his name to get his information.
HOT PRODUCTS!
· 100% LTV - 1 day out BK w/600 score; Lower scores gets max LTV possible with 1 day out of BK and 1x30 OK!
· 90% LTV with NO TRADELINES
· Previous 1x120 last 12 mos.? No worries! 600/FD gets you 100%; 640/Stated gets you 100%
· 100% stated FTHB rent free
· No Rate adjustments for 2nd homes
· Reduced rates for YSP: 1.5% YSP = 75 bps; 2% YSP = 1.25 bps
· 100% CLTV on all product to 3x30 (seller held 2nds on case by case basis)
· 100% rent free full doc @ 600
· 100% 6 months Bank Stmts (S/E) @ 600
· 100% 1 pay stub using 6 months YTD (W-2) @ 600
· 100% 1 day out of CCCS
· 18 months @ 0x30: drive by appraisal only; stated with full doc pricing (Quick Fi Program); 620 Stated/W-2 @ 100%!!
· 100% S/E 1 year
· 80% with 1 credit score
· I/O options available (50% DTI)
· 40 and 50 year term available
· JUMBO Loans to $1,000,000
· 3-4 Units up to 95%
· 6% SELLER CONCESSIONS – ALL LOANS
· NO SEASONING ON DOWN PAYMENT
· 90% N/O/O ; CLTV: 95%
· All programs have NO MI
SEND 1003, CREDIT, AND SUBMISSION SHEET AND GET A PREQUAL
Super Fast Closings! Competitive Rates!
Alt-A Pricing Available too!
http://www.realestateforum.com/images/buttons/edit.gif (http://www.realestateforum.com/editpost.php?do=editpost&p=11152)
HOT PRODUCTS!
· 100% LTV - 1 day out BK w/600 score; Lower scores gets max LTV possible with 1 day out of BK and 1x30 OK!
· 90% LTV with NO TRADELINES
· Previous 1x120 last 12 mos.? No worries! 600/FD gets you 100%; 640/Stated gets you 100%
· 100% stated FTHB rent free
· No Rate adjustments for 2nd homes
· Reduced rates for YSP: 1.5% YSP = 75 bps; 2% YSP = 1.25 bps
· 100% CLTV on all product to 3x30 (seller held 2nds on case by case basis)
· 100% rent free full doc @ 600
· 100% 6 months Bank Stmts (S/E) @ 600
· 100% 1 pay stub using 6 months YTD (W-2) @ 600
· 100% 1 day out of CCCS
· 18 months @ 0x30: drive by appraisal only; stated with full doc pricing (Quick Fi Program); 620 Stated/W-2 @ 100%!!
· 100% S/E 1 year
· 80% with 1 credit score
· I/O options available (50% DTI)
· 40 and 50 year term available
· JUMBO Loans to $1,000,000
· 3-4 Units up to 95%
· 6% SELLER CONCESSIONS – ALL LOANS
· NO SEASONING ON DOWN PAYMENT
· 90% N/O/O ; CLTV: 95%
· All programs have NO MI
SEND 1003, CREDIT, AND SUBMISSION SHEET AND GET A PREQUAL
Super Fast Closings! Competitive Rates!
Alt-A Pricing Available too!
http://www.realestateforum.com/images/buttons/edit.gif (http://www.realestateforum.com/editpost.php?do=editpost&p=11152)