Mortgage Grapevine

Loan scenario: CA, $130,000, low, 70% LTV, Purchase, bkstat, OO

State: CA

Amount: 130,000

Property type: SF

Documentation: bkstat

FICO: low

LTV: 70%

Occupancy: OO

Loan purpose: Purchase


Buyer's are purchasing property they lost back. 30% downpayment at new price. Lost it for 450,000 (approx), and buying it back for 176000. Private financing only.
by dennis.patrick November 4, 2009 1:45 PM

If your client can come to the table with 40% down to 60% LTV then we would be interested. We would be at 9.99-10.99% IO 3-5 points. Feel free to call and discuss.

Aaron Cirlin
Account Executive
Athas Capital Group
Your #1 Commercial and Residential Private Money Lender!

26901 Agoura Rd. Sutie 250
Calabasas Hills, CA 91301
P: 818-590-4288
F: 818-975-5077
acirlin@athascapital.com
www.athascapital.com
by aaronlo1976 November 4, 2009 2:02 PM

if you are still looking for financing contact me at
nsbalvin@aol.com
by golferguy November 12, 2009 7:04 PM

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