Help Needed!
800,000 needed on a 1,350,000 residence in Dallas proper, owner occupied. Need stated income loan, preferably an ARM. Median credit score of 558 Fair isaac is my problem, can someone propose an answer?
A family who got the house ahead of the loan would certainly appreciate anyones help. I think he has been through Option One, and we have tried AAmes Aegis, Bomac, Impac Sebring, and others and either the credit score does mein or being over 500 K does.
wanted: lender/money to borrow
IM a 23 yr old full time working student. I got myself into a mess with an auto title loan company. The interest payment alone is $300 a month just to roll it over. The total loan was for 1,000 once they add all their fee's it comes to 1839.00. I have been paying the $300 a month but i can't afford to pay any more besides that amount, which i will never get out of this hole by doing that. I need to get a loan for the full amount so i can pay the auto title loan place back in full and get lower interests and fairer payments on the cash advance loans than to this place. Please help!
Im located in Dallas, wi. I have no been able to get a loan through a bank as i do not have a co-signer.
$1.2 million loan C/O refi
Property value of $1.6 million. My borrower has been told the Merrill Lynch has the following product, that I now have to compete with:
-6 mos. LIBOR, Margin: 2.000%
-interest only for 10 years, final 20 years fully amortized
-Current starting rate of 5.375% with NO POINTS AND NO PREPAY!
I can structure a similar loan, but can't come anywhere near on price and rate. Does anyone know if this is even remotely possible, or is someone at Merrill just trying to get him in the door?
Need a lender who can close with employment contract
Hello! I have a situation where I have a borrower who has been an RN for 5 years, and worked the last 4 at the same hospital. She is waiting to close on a new home, but the problem is she had to move for her new position as an ER nurse at a new hospital, and she does not start until the 24th. She has a detailed employment contract letter which spells out all her wages, guaranteed hours, signing bonus, etc. She is making $10/hr more with this new job. I keep running into lenders who will not do anything she has paystubs from new job. I do not want to make her wait a month to close....she needs to get in the house and get settled. Any ideas on lenders (in Indiana) who can do this? I used to do this all the time in conforming world due to job transfers, moves, etc. Thank you for any suggestions.