Mortgage Programs

By
Mortgage and Lending with Mortgage Loan Finders

" The Mortgage Loan Finders"

 

Loan Programs

 

·       FHA LOANS = Fixed, Arms or Streamlines (tough loans)

·       VA LOANS = Fixed, Arms or Streamlines (tough loans)

·       CONVENTIONAL and JUMBO LOANS

  

·       Full Documentation

95% LTV 620 score

80/10/10 or 80/15/5

Mortgage Insurance in the Rate

100 to 107% Loans

No Mortgage Insurance Loans

100% Financing with a 4% GRANT

12 to 24 Month Bank Statements for Income

·       Stated Documentation

          80/20 Self Employee= Business License

          No Ratio

          No Asset

          No Income

·       No Documentation

          No Ratio

          No Asset

          No Income

          No Job Verification

         

·       SUB PRIME LOANS (B, C, D)

100% Single Lien 600 Fico Score, 55% Debt Ratio, up   to $875,000, No MI or Escrows required, No termite or Home Inspections required.

(Continue to page three)

80/20 No MI, No Reserves, No Impounds

Mid Score:     680 to $875K

               640 to $750K

               620 to $625K

               600 to $400K

 

100% No Bankruptcy Seasoning!

1 Day seasoning to 100% financing!

Mid Score:     600 to 100%

               580 to 90%

               560 to 85%

               540 to 80%

 

Bank Statements (works great for self employed or 1099 borrowers)

12 months to 100%@ 640+ score

     (1year self employed ok)    

12 months to 100%@ 600 to 639 score

     (2 year self employed ok)    

12 months to 90%@ 580+ score

 

FHA Turndowns!!!

Credit Score:     600 to 100%

               580 to 90%

               560 to 85%

               540 to 80%

No VOR and/or cancelled rent checks, No seasoning on discharged bankruptcy, Seller 6%, No asset, No escrows, No MI, No reserves.

Comments (4)

Jim Lee
RE/MAX Shoreline - Portsmouth, NH
Portsmouth NH Realtor, Portsmouth, NH
Do you find this post interesting?yes no    

NO again

Aug 14, 2006 02:19 AM
Maureen Francis & Dmitry Koublitsky
Coldwell Banker Weir Manuel - Bloomfield Hills, MI
Coldwell Banker Weir Manuel
What is the point of this?
Aug 14, 2006 02:20 AM
Omar Camejo
Florida List For Less Realty,Inc. - Ocala, FL

Roscoe,

You`re boring us with your nonsense... Get Lost!

Aug 14, 2006 02:29 AM
Mrs. Sheri Ann Johnson, GRI
Tropic Shores Realty - Spring Hill, FL
Is this guy for real??
Aug 14, 2006 03:07 AM