Loan scenario: CA, $835,050, 750, 95% LTV, Purchase, full, OO
Property type: SF
Loan purpose: Purchase
I am not a broker. I am a buyer.
FICO is 750+.
Gross monthly income $12,400 (pretax).
Other monthly debt obligations will be $640.
Purchase price is $879,000+closing.
Max deposit available is 5%.
Anyone have anything? If so, need terms (fixed or ARM?, length, PMI, monthly payment, structure [balloon? interest only? something else?], time required to process and close this loan?].
Again, cash available for this transaction is no more than $50,000.
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