Loan scenario: CA, $415,000., 744, 60% LTV, Purchase, nina, OO
Property type: SF
Loan purpose: Purchase
Looking for a stated or NINA loan for self employed borrower who is looking to refi cash out approx $70K.
by lunastarloans October 25, 2012 1:00 PM
You can't do a NINA/Stated loan for an Owner Occupied resi deal in CA.
Given their self-employed status, we'd want to see a minimum of 12 months personal bank statements to determine an acceptable DTI. If the borrower can show that, I'd love to take a look at the file.
Athas Capital Group is a direct, hard money lender. We use our own funds and do not shop for individual investors to close your loan.
Par Pricing is available!
Please call me with any questions.
Sr. Account Executive
Athas Capital Group
by HardMoneyMN October 25, 2012 1:16 PM
We might have a way to make it work. Call me to talk about the details.
Private Mortgage Fund, LLC.
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We US and would like to look at the whole package to see what can be done if anything.
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