Loan scenario: UT, $70,000, , % LTV, Purchase, full, OO
Property type: SF
Loan purpose: Purchase
Hard working family where husband has been out of work due to a heart condition and treatments for last two years is having to let go of home. Looking to find a new home with a smaller house payment so we can meet our financial obligations. Wife does have a good job as a nurse but does not make enough to cover what was a two income debt base. Conventional loans not really an option due to very poor credit due to late payments, etc that have been unavoidable due to not enough income coming in. Hoping to find a 'hard money' option to our dilemma. Please let us know if you can help or know someone who can. Thanks for your time.
by mellington August 10, 2012 5:06 PM
Hi I definitely would like to take a look at this scenario. Please email me with the details and I will let you know what we can do. We usually can go to 50% ltv on purchase transactions at this loan amount. If this might work, email me at email@example.com
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by richardloan August 11, 2012 5:30 AM
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by email@example.com August 11, 2012 12:43 PM
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