Can go full doc if you allow for rents from a newly acquired 2 unit primary to be used to PITI wash & allow the subject property rents to be used to wash PITI on subject without 2 year landlord experience.
Lender Replies
Anthony G posted the following comments on Mon Jun 7, 2010 at 9:45 pm:
714-398-2997
Company Name: OCM INC.
1st Loan
Program Name :
Interest Only :
No
Loan Amount :
LTV :
Term :
Rate(s) :
% @ PAR
% @ 1 Point
% @ 2 Points
% @ Points
Prepay :
2nd Loan
Program Name :
Interest Only :
No
Loan Amount :
CLTV :
Term :
Rate(s) :
% @ PAR
% @ 1 Point
% @ 2 Points
% @ Points
Prepay :
Notes:
E MAIL ME THE PACKAGE ILL RUN IT BY MY UNDERWRITER