I have a client who would like a purchase money conventional loan for 95% LTV for Moreno Valley CA, 92555-5810. Home is brand new, PP is 277K, borrowers have good incomes, mid ficos are 738 bor. And 700 co-bor., back end DTI is 42%, and builder / seller is crediting the buyers $10k towards closing costs. Do anyone have a 95% LTV conventional product that will work for the zip code 92555?
Lender Replies
Anthony G posted the following comments on Mon Jun 7, 2010 at 9:43 pm:
714-398-2997
Company Name: OCM INC.
1st Loan
Program Name :
Interest Only :
No
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LTV :
Term :
Rate(s) :
% @ PAR
% @ 1 Point
% @ 2 Points
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Prepay :
2nd Loan
Program Name :
Interest Only :
No
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CLTV :
Term :
Rate(s) :
% @ PAR
% @ 1 Point
% @ 2 Points
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Notes:
YES I CAN DO THIS LOAN WERE A DIRECT LENDER IN ORANGE COUNTY, CA CALL ME AT 714-398-2997
Sam Wolobah posted the following comments on Sat Jul 31, 2010 at 10:35 am:
9738017443
Company Name: RRML, LLC
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:
We are a private bank with excess capital to lend. contact me with
scenario/short exec.summary to start the process.
COMMERCIAL/BUSINESS LOAN
LINE OF CREDIT
TRADE FINANCE
COMMERCIAL REAL ESTATE LOAN- REFINANCE/PURCHASE
A/C FACTORING
CONSTRUCTION LOAN / DEVELOPMENTS
BUSINESS EXPANSION.
ALL BUSINESS/COMMERCIAL LOANS
US LOAN REQUEST:
$1,000,000 Minimum
INTERNATIONAL LOAN REQUEST:
$1,000,000 Minimum
Sam Wolobah
Business Development Officer
RRML, LLC
1 Bridge Plaza N. 2nd Fl.
Fort Lee, NJ 07024
973)801-7443
E-mail:samgoldd@yahoo.com