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kyzer650
Joined: 06 Jan 2008
Posts: 3
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| Posted: Sun Jan 06, 2008 6:32 am Post subject: Need help with this one. |
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Last year this was easy, Times are rough now.
Fico 722
PP $1,513,000.00
90% LTV
Loan Amount is $1,361,700.00
State: Texas
O/O
SIVA (650K in liquid assets)
Not a first time home buyer.
Payment shock.. Going from a 500k home in LA to this house in TX
Both wager earner and self employed.
I am stuck with this one and dont want to let it go.
Please advise.
AIM: Kyzer300 |
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liverichly
Joined: 10 Feb 2005
Posts: 199
Location: Orange County, CA
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| Posted: Mon Jan 07, 2008 12:58 am Post subject: |
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| I have no solutions other than use some of the $650k in reserves to get a lower LTV... that Californian couldn't find a home in TX at a less expensive price to accommodate their needs? |
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biggdaddy
Joined: 11 Oct 2007
Posts: 17
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| Posted: Tue Jan 08, 2008 7:04 am Post subject: |
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| What are your payments right now? |
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liverichly
Joined: 10 Feb 2005
Posts: 199
Location: Orange County, CA
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| Posted: Thu Jan 10, 2008 9:34 am Post subject: |
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| biggdaddy, kyzer650 is a broker... the payments on his mortgage would be of no consequence. |
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sithburns
Joined: 12 Nov 2007
Posts: 20
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| Posted: Fri Jan 18, 2008 12:32 am Post subject: |
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90% Jumbo... not easy these days.
If you find someone to do this please post who they are. Many people would love to find a lender doing this. |
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