financing solutions: Stated Income Loans - 01/04/08 03:28 PM
Some of you have asked about SISA (Stated Income/Stated Asset) loan programs. Let's have a look: Scenario: Owner Occupied (O/O), Single Family Residence (SFR) or Condo FICO = 680 (minimum requirement) (1) One Loan at 95% Loan-to-Value (LTV)Loan Amount = $396,150 Stated Income/Stated Assets (SISA) Pricing: 30-Year Fixed … (5 comments)
financing solutions: The Home Possible Program - 09/10/07 09:50 PM
DID YOU KNOW YOUR SELLER CAN HELP YOU REDUCE YOUR RATE? WHAT IS HOME POSSIBLE? 100% LTV PROGRAMLOW TO MODERATE INCOME HOUSEHOLDS OR BORROWERS BUYING IN UNDERSERVED AREASREDUCED MI RATES (Example -- Traditional MI 100% is .96; Home Possible MI is .59)AUTOMATED UNDERWRITING EASIER APPROVAL PROCESSLOW CREDIT SCORES ELIGIBLE BELIEVE IT OR … (2 comments)
financing solutions: FHA and the New FHASecure Plan - 09/05/07 09:53 PM
Last week Bernanke wrote a letter to the Senate calling for new, creative loan programs. Then on Friday August 31st, in a HUD News Release... "President George W. Bush today announced that HUD's Federal Housing Administration (FHA) will help an estimated 240,000 families avoid foreclosure by enhancing its refinancing program... Under the … (2 comments)
financing solutions: Going Commercial - 06/26/07 11:18 PM
William Shakespeare said, When we mean to build, We first survey the plot, then draw the model, And when we see the figure of the house, Then must we rate the cost of erection, Which if we find outweighs ability, What do we then but draw anew the model In fewer offices, … (1 comments)
financing solutions: 100% Financing on Jumbo & Super Jumbo Loans W/No PMI - Here's how - 06/17/07 12:21 AM
Introducing our Pledged Asset Loan Program! Let's say for example that you have an investment porfolio earning a pretty hefty rate-of-return for you. Now a rate-of-return simply put, is the gain or the loss of an investment over a specified period of time and it's usually expressed as a percentage increase … (3 comments)
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Some of you have asked about SISA (Stated Income/Stated Asset) loan programs. Let's have a look: 
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