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Company Loan Type APR Est. Pmt.

Need 90% on $525k in Texas

Posted on: 03rd Jun, 2009 05:09 pm
Self employed here. Have plenty of "business profit". Cannot prove enough "take home". 650^ scores. Low debt/income.
Have 3 + months reserves.
Matthew,

It is hard enough finding a stated income product with a 90% LTV. Add in scores under 700 plus only 3 months reserves and you are asking for something that is nearly impossible.
Posted on: 03rd Jun, 2009 05:54 pm
How about using some sort of business line of credit to come up with most of the costs and try to take a personal mortgage out for the rest...

Does your business have good credit and been established for a long time now?
Posted on: 03rd Jun, 2009 06:34 pm
share more info. right now it seems impossible
Posted on: 04th Jun, 2009 08:32 am
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