antknee
10-29-2007, 04:32 PM
Input por favor
View Full Version : Cash-out Refi to a 30fixed.....possible w/o showing bank reserves in this market?
joe!
10-29-2007, 04:33 PM
Good Luck.
janine9539
10-29-2007, 04:33 PM
maybe
blondie
10-29-2007, 04:33 PM
L/a?
antknee
10-29-2007, 04:36 PM
L/a?
negative. All i have is my car, but i highly doubt thats a l/a.
negative. All i have is my car, but i highly doubt thats a l/a.
RICKY
10-29-2007, 04:40 PM
Credit Score
Loan Amount
Value
Actually
Is it for you?
Loan Amount
Value
Actually
Is it for you?
antknee
10-29-2007, 04:42 PM
Credit Score
Loan Amount
Value
Actually
Is it for you?
Yes it's for me.
Loan amt on 1st $135K
Loan on HELOC $25K
Appraised value roughly $180-190K....i'll have to check (i know thats a big range)
Loan Amount
Value
Actually
Is it for you?
Yes it's for me.
Loan amt on 1st $135K
Loan on HELOC $25K
Appraised value roughly $180-190K....i'll have to check (i know thats a big range)
RICKY
10-29-2007, 04:45 PM
Yes it's for me.
Loan amt on 1st $135K
Loan on HELOC $25K
Appraised value roughly $180-190K....i'll have to check (i know thats a big range)
If you really want to know your optins. Pm me your monthly income, and your SS#, and I will take look into it. I highly doubt that there is going to be a benefit to you imo, but I guess it doesnt hurt to look.
Loan amt on 1st $135K
Loan on HELOC $25K
Appraised value roughly $180-190K....i'll have to check (i know thats a big range)
If you really want to know your optins. Pm me your monthly income, and your SS#, and I will take look into it. I highly doubt that there is going to be a benefit to you imo, but I guess it doesnt hurt to look.
janine9539
10-29-2007, 04:45 PM
Yes it's for me.
Loan amt on 1st $135K
Loan on HELOC $25K
Appraised value roughly $180-190K....i'll have to check (i know thats a big range)
i thought you already bought the house ant, from out conversation a while ago unless i mis-understood you?
Loan amt on 1st $135K
Loan on HELOC $25K
Appraised value roughly $180-190K....i'll have to check (i know thats a big range)
i thought you already bought the house ant, from out conversation a while ago unless i mis-understood you?
antknee
10-29-2007, 04:49 PM
If you really want to know your optins. Pm me your monthly income, and your SS#, and I will take look into it. I highly doubt that there is going to be a benefit to you imo, but I guess it doesnt hurt to look.
PMs
i thought you already bought the house ant, from out conversation a while ago unless i mis-understood you?
yea I bought it back in 2004. My ARM is gonna reset soon, and trying to see if I even have options here.
PMs
i thought you already bought the house ant, from out conversation a while ago unless i mis-understood you?
yea I bought it back in 2004. My ARM is gonna reset soon, and trying to see if I even have options here.
antknee
10-29-2007, 04:57 PM
btw credit score is probably somewhere around 780 last i checked
janine9539
10-29-2007, 05:07 PM
PMs
yea I bought it back in 2004. My ARM is gonna reset soon, and trying to see if I even have options here.
well if that score is true i dont see a prob with you getting a loan with no bank statements plus i dont see you having a problem using your investments instead of bstmts
yea I bought it back in 2004. My ARM is gonna reset soon, and trying to see if I even have options here.
well if that score is true i dont see a prob with you getting a loan with no bank statements plus i dont see you having a problem using your investments instead of bstmts
antknee
10-29-2007, 05:20 PM
well if that score is true i dont see a prob with you getting a loan with no bank statements plus i dont see you having a problem using your investments instead of bstmts
one thing im worried about is that i had a gap in employment for 4 months. I think that's gonna be the deal breaker.
one thing im worried about is that i had a gap in employment for 4 months. I think that's gonna be the deal breaker.
janine9539
10-29-2007, 06:21 PM
one thing im worried about is that i had a gap in employment for 4 months. I think that's gonna be the deal breaker.
not ness...
ive seen plenty come through my office with gaps of longer and all we needed was a explaination letter so...
not ness...
ive seen plenty come through my office with gaps of longer and all we needed was a explaination letter so...
RICKY
10-29-2007, 06:26 PM
well if that score is true i dont see a prob with you getting a loan with no bank statements plus i dont see you having a problem using your investments instead of bstmts
Yes, but there is a huge difference between getting a loan, and getting one that is benficial to him.
Ant, when is it ready to adjust? Check out your closing docs my man. That interest rate could get very ugly. Check out your truth and lending to find out what index you have and what the margin is.
Yes, but there is a huge difference between getting a loan, and getting one that is benficial to him.
Ant, when is it ready to adjust? Check out your closing docs my man. That interest rate could get very ugly. Check out your truth and lending to find out what index you have and what the margin is.
just jess
10-29-2007, 06:42 PM
you guys are speaking swahili right now
antknee
10-29-2007, 07:09 PM
not ness...
ive seen plenty come through my office with gaps of longer and all we needed was a explaination letter so...
interesting....
Yes, but there is a huge difference between getting a loan, and getting one that is benficial to him.
Ant, when is it ready to adjust? Check out your closing docs my man. That interest rate could get very ugly. Check out your truth and lending to find out what index you have and what the margin is.
It actually is gonna adjust Sept 2008. Here are the specs:
3yr ARM
6.75%
Margin: 2.75
Current Index: 4.167
Periodic cap: 1.000
Lifetime cap: 5.000
Int Rate ceiling: 12.75
you guys are speaking swahili right now
LOL! its not as complicated as it sounds.
ive seen plenty come through my office with gaps of longer and all we needed was a explaination letter so...
interesting....
Yes, but there is a huge difference between getting a loan, and getting one that is benficial to him.
Ant, when is it ready to adjust? Check out your closing docs my man. That interest rate could get very ugly. Check out your truth and lending to find out what index you have and what the margin is.
It actually is gonna adjust Sept 2008. Here are the specs:
3yr ARM
6.75%
Margin: 2.75
Current Index: 4.167
Periodic cap: 1.000
Lifetime cap: 5.000
Int Rate ceiling: 12.75
you guys are speaking swahili right now
LOL! its not as complicated as it sounds.
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