PLEASE HELP! I have a scenario for a Purchase (California). Borrower is looking for a no-hassle loan with less conditions. Closing Escrow scheduled for 03/15/18.
Full Package
$380,000 Price
$266,000 Loan Amount
70% LTV
595 FICO (No Collections)
23% DTI
30 Yr. Fixed Preferred (Any program OK)
Owner Occupied
SFR
Will Buy Down the maximum if allowed
24 Month Bank Statements - MUST use 2 (Personal) Bank Accounts (Average Monthly Deposits = $18,000)
Stated OK
Hard Money OK
Self-Employed
No Payment Shock - Current monthly payments = $2,790.00
Please reply ONLY if you can do this loan. Time is of the Essence!