Mortgage Grapevine

Loan scenario: NJ, $2,500,000, 750, 50% LTV, Refinance, bkstat, OO

State: NJ

Amount: 2,500,000

Property type: SF

Documentation: bkstat

FICO: 750

LTV: 50%

Occupancy: OO

Loan purpose: Refinance


Jumbo, No-Income No-Ratio Cash out
Morris County, NJ

House is worth $5M
Borrower owes $1.5M
Looking to MAX out cash out
Prefers I/O Variable
750 FICO
$350,000 Cash Assets
20 Years Self-Employed under same business name

Please respond
by PowerBroker222 September 25, 2012 1:41 PM


I am in NJ and can help with this loan. Let me know via email at waoconnell@yahoo.com
by waoconnell September 25, 2012 1:59 PM


Hudson City has the Reduced Doc Program...You must verify assets. Need 12 months reserves, and this should get done...
by wherewasi September 25, 2012 2:03 PM


not sure any will allow 1 mill cash-out on NIV
by MikeM-NJ September 25, 2012 2:31 PM


My private lender can do this deal...if $5 MM value is verifable.
Please call me at (415) 312-9292

by Mr. Private Money September 25, 2012 3:22 PM


You might be right, Mike. Used to be the day with HCSB that a loan was a loan was a loan if the value was there. Worth a shot. They may be the only ones worth it. Maybe ISB, but not too sure.
by wherewasi September 25, 2012 3:44 PM


ISB sells all NIV files to Hudson City. No way ISB is doing INV with cash-out, or IO option.
by MikeM-NJ September 25, 2012 4:51 PM


I can fund this loan one of two ways, First off I can fund this with Private Money, Second, I can fund it through a portfolio bank of mine.


Mitch Valmer
949.836.5004
Mitchv@emoneylending.com
by PVT MONEY September 25, 2012 6:44 PM


I can help with a loan.Are you real and honest,then kindly contact me for your loan

Thanks

Karen
perkiin.karen@yahoo.ca
+1(647)694-2658
by Perkin Karen Mortgage Investments September 25, 2012 6:59 PM


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by GOLDMINE FINANCE September 29, 2012 6:21 AM


I just read your posting, i work with many national lenders who can fund your project in 2-3 weeks. If your interested email me back at legalmortgageservices@live.com
by bo2012 October 3, 2012 1:26 AM


I CAN HELP YOU WITH THIS, PLEASE GIVE ME A CALL. CHUCK CRAWFORD 937-414-6191 CCRAWFORD1204@AOL.COM
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by paulbrowninvestment January 7, 2014 3:49 AM


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