106 percent financing limited trades? Anyone can help?
Howdy Mike:
If it was an add it got deleted. We should have sent you a notice but some of us forget sometimes. Have you read the rules?
It was not an add. I was asking if anyone might know of a lender that can do 106% financing stated self employed with limited tradelines.
If so please advise.
Regards,
Mike G.
if this is an OO property try homecomings. i know they do 106% (103% if it is NOO), don’t know about the tradelines though. what you may do is renegotiate the sales price and ask the seller to pay the 6% at closing for you. 100% with limited tradelines is a piece of cake.
Is this a purchase or a refi? How does your credit look? What state?
Purchase NY property with weak FICOS 622 646 625
Stated/Stated Self Employed private VOR
oldest trade is 9 months for $500.00 and one collection for $124.00
has three other trades but all under 9 months old and only one barely over $1,000. I dont know I called every lender I know and it doesn’t look possible yet he has a broker telling him he can do it but I dont think its possible.
Thanks for the replies.
Regards,
Mike G
is this owner occupied? if so it is a piece of cake.
I didn’t delete it…I always send a note when I delete…
Keith
Did you try Novastar or RESMAE?
Called upon Novastar and NG. Never heard of RESMAE If you have contact info I would appreciate it.
Thanks again.
Regards,
Mike G.