Mortgage Grapevine

Loan scenario: PA, $108,000, 804, 60% LTV, Purchase, stated, OO

State: PA

Amount: 108,000

Property type: SF

Documentation: stated

FICO: 804

LTV: 60%

Occupancy: OO

Loan purpose: Purchase


I need direct lender who can do this stated loan for me.


PA Purchase,Value 190k, 800 credit, $180K purch price, $108K Loan Amount, 60% LTV, SIVA. She owns a rental property and her current primary. She will be renting the current primary when she closes on the purchase. She sold a property 8/09, she received $90K which will go towards the purchase. I have a self employment letter from her accountant who is an EA and not a CPA, will that be a problem? She is not claiming the rental income on her taxes. Not reporting enough income to qualify.
Thanks contact me at 718 - 551 - 7356 or ndiamond62@optonline.net

by diamondn November 4, 2009 3:25 PM

We can do this Pa loan. We're an Allentown, PA based (SBA Preferred & FHA Approved) Mortgage Brokerage firm that works with many lenders to fund loans nationwide.

If interested, please send me a complete package which should include a copy of the borrowers 1003, credit report, rent roll, leases, and tax returns which should include all schedules. I look forward to hearing from you.

Sincerely,

David St. Hill
Wise Financial
Allentown, PA
Ph-484-225-0034
Fx-610-437-3400
E-mail: dsh44@aol.com


by dasthill November 4, 2009 4:40 PM

When I see two posts like these, in the same state I do business in, I could puke.

Guys like you give the whole industry a black eye.


by Billy The Kid November 4, 2009 5:25 PM

Billy The Kid, arent you full of yourself, if not strong enough or smart enough to be here, get out!
Take the skirt off Mary!
by diamondn November 5, 2009 9:31 AM

Reply