Mortgage Grapevine

Loan scenario: CA, $300,000, 550, 60-65% LTV, Purchase, full, OO

State: CA

Amount: 300,000

Property type: SF

Documentation: full

FICO: 550

LTV: 60-65%

Occupancy: OO

Loan purpose: Purchase

Looking for a direct private money lender for this purchase on a SFR in La Honda, CA. Purchase price is 450,000. Appraised vlue will be 500-550. Looking for 1st deed of trust in the amount of $300,000. Borrower putting $150,000 down. Want to close in January.
by kathyg December 13, 2012 7:41 PM

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by zenith December 14, 2012 3:00 AM

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Thanks

Michael Embry
7025091996
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by richardloan December 14, 2012 12:00 PM

At this FICO, best we could do would be 60% of the purchase price. Contact me directly if this might work.

Ryan Melideo
Direct 7 days/week: 855.835.2777
Office: 877.877.1477 ext. 205
Fax: 818.647.0175
26901 Agoura Road | Suite 250
Calabasas Hills | CA 91301
www.athascapital.com

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rjsolovy@marqueefundinggroup.com
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24025 Park Sorrento Suite 150
Calabasas, CA 91302
www.marqueefundinggroup.com

License ID: 01876915
NMLS: 303993

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vonepsloans@aol.com
eric.voneps@mhlmtg.com

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