NEED HELP - Looking for lender with no tradeline req

Jan012006 · Joined: 29 Dec 2006 Posts: 2 Location: Woodbridge, Va 22192

hi this is my first post, i am a direct lender, new to the industry, looking for someone that can do stand alone 2nd (closed end 2nd) to 100CLTV. the borrower has 628 mid score, 3 tradelines open - 2 of them for 12 months and one of them for 3 months, we are goind stated income verified asset, has 2 mo's of reserves...... (Please Help)

IFUNDEM · Joined: 03 Jan 2007 Posts: 13 Location: Sacramento, Ca

Jan012006 wrote: hi this is my first post, i am a direct lender, new to the industry, looking for someone that can do stand alone 2nd (closed end 2nd) to 100CLTV. the borrower has 628 mid score, 3 tradelines open - 2 of them for 12 months and one of them for 3 months, we are goind stated income verified asset, has 2 mo's of reserves...... (Please Help)
If you cant find anyone let me know, I can do the 100% for you but not the stand alone

chow · Posted: Wed Jan 03, 2007 6:14 pm Post subject:

IFUNDEM,

Are you a Loan Officer? Some of these situations you are reposnding to are for the most part-Loan Officer's looking for a lender.

IFUNDEM · Joined: 03 Jan 2007 Posts: 13 Location: Sacramento, Ca

chow wrote: IFUNDEM,

Are you a Loan Officer? Some of these situations you are reposnding to are for the most part-Loan Officer's looking for a lender.
No Im not a lo, I work for a lender.

Haplo · Joined: 20 Jan 2005 Posts: 2422 Location: Springfield, IL

Welcome to the forums! If you are interested in talking with Brian, please let him know here. We prefer to keep contact local on the board for new members to the community.

Have a great one!

Mac · Joined: 04 Feb 2005 Posts: 276 Location: Knightdale, NC

Geez Haplo, IFUNDEM didn't suggest anything of the sort.

All the guy said was "let me know".

Go get 'em ironboot.

Haplo · Joined: 20 Jan 2005 Posts: 2422 Location: Springfield, IL

Thank you for following me around Mac.

Mac · Joined: 04 Feb 2005 Posts: 276 Location: Knightdale, NC

It's a small community. The new members don't return. I wonder why.

Haplo · Joined: 20 Jan 2005 Posts: 2422 Location: Springfield, IL

Could be any number of reasons. There are a number of people who have stuck around however. Considering how slow most people are in the market, the fast buck is back. This isn't a site for that kind of activity.

IFUNDEM · Joined: 03 Jan 2007 Posts: 13 Location: Sacramento, Ca

Mac wrote: It's a small community. The new members don't return. I wonder why.
hmmmmmmm.... I wonder why? This should not be called a mortgage forum, they should rename it the chow and haplo advice column

shawn_1314 · Joined: 18 Jan 2007 Posts: 15 Location: Any State

Try any of the following: National City, Southstar, GE Equity (Scores have to be above 660 though), or even Firts Franklin (www.ff.com) Let me know if any of these work...