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Looking for SIVA superjumbo

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marklewesq Joined: 28 Apr 2008 Posts: 1 1.59 Dollars($)	Posted: Mon Apr 28, 2008 1:23 pm    Post subject: Looking for SIVA superjumbo Is anyone doing SIVA $1.2M 80% LTV (Calif property est $1.5M) cashout on Primary Res SFDD to obtain income property. FICOs above 720. Borrower just went through 1031 Exch, so no rental history though current net cash flow from rentals around $10k/mo + $10k on W-2 (verifiable - long history). Alternative would be a $900k+- HELOC (Current first around $305k).
larry Joined: 27 Jun 2007 Posts: 2951 411.26 Dollars($)	Posted: Tue Apr 29, 2008 1:47 am    Post subject: Hi marklewesq, Welcome to the forum. Your credit score seems good to qualify for Super Jumbo mortgage. There are thousands of lenders in this community. I think you can talk to them directly or request for no-obligation free mortgage quote. Hope someone will help you out. Best of luck, Larry
chrisburns Joined: 13 Nov 2007 Posts: 82 Location: Florida 24.43 Dollars($)	Posted: Tue Apr 29, 2008 10:34 am    Post subject: How many properties do they own? What type of assets can they show? _________________ Chris Burns Five Stars Mortgage, LLC Office: 800-871-2636 ext. 200 Cell: 407-456-3697 Residential & Commercial Loans Mortgage Forums

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