http://folkfestivalscanada.com Fri, 17 Dec 2010 09:35:45 +0000 hourly 1 http://wordpress.org/?v=3.0.1 http://folkfestivalscanada.com/1-2-million-loan-co-refi/#comment-3 Cin Fri, 17 Dec 2010 09:35:45 +0000 http://te-applicationsworkshop.com/?p=6#comment-3 What I've discovered is that Merrill will curtail a product for their clientele, and furthermore, to increse the LTV, they will take existing stock that they have and carry it/or rather hold it as chattel (similar to a coop), for a period of time. However, there are some decent rate and prices out there......you just need to continue doing your homework! Unless you would prefer co brokering the transaction? What I’ve discovered is that Merrill will curtail a product for their clientele, and furthermore, to increse the LTV, they will take existing stock that they have and carry it/or rather hold it as chattel (similar to a coop), for a period of time. However, there are some decent rate and prices out there……you just need to continue doing your homework! Unless you would prefer co brokering the transaction?

]]> http://folkfestivalscanada.com/1-2-million-loan-co-refi/#comment-2 jim Tue, 30 Nov 2010 12:35:39 +0000 http://te-applicationsworkshop.com/?p=6#comment-2 I had a client a while ago who had her portfolio with either merrill or some other big name outfit. her mortgage was included in her investments. while my loan package in the sort term was a winner hands down, the long term yield on her book i couldnt touch. had to settle for a 115% 2nd.high fees high rates and it still didn't matter. you might contact a local office of merrill and run some scearios by a mgr or top rep. I had a client a while ago who had her portfolio with either merrill or some other big name outfit. her mortgage was included in her investments. while my loan package in the sort term was a winner hands down, the long term yield on her book i couldnt touch. had to settle for a 115% 2nd.high fees high rates and it still didn’t matter. you might contact a local office of merrill and run some scearios by a mgr or top rep.

]]> http://folkfestivalscanada.com/need-a-lender-who-can-close-with-employment-contract/#comment-4 Pol Sat, 23 Oct 2010 12:37:29 +0000 http://te-applicationsworkshop.com/?p=11#comment-4 Can you give us more information..... LTV, DR, Credit Scores, property type. I'm gathering from your last comment that this customer is B/C & not conforming. Either way, you just need an intelligent underwriter. If your customer is in the same line of work & she has all the documentation including a letter of employment signed & accepted by both her & the new employer then this is a slam dunk deal. Give us a little more info & I'm sure we can find a lender for you. Are you FHA approved? Can you give us more information….. LTV, DR, Credit Scores, property type. I’m gathering from your last comment that this customer is B/C & not conforming. Either way, you just need an intelligent underwriter. If your customer is in the same line of work & she has all the documentation including a letter of employment signed & accepted by both her & the new employer then this is a slam dunk deal. Give us a little more info & I’m sure we can find a lender for you. Are you FHA approved?

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