90% NOO LTV Light DOC NO Seasoning

toeneetee4 profile photo

Anyone no a bank that will do 90% LTV on a Non owner occ. with no seasoning. I'm looking for something that requires light documentation as well. I've looked at the Lender tab above and only see mortgage brokers. I'm looking for the actual banks that will do a loan like this.

thanx

Comments(5)

  • jfoley15th December, 2003

    cash out or refinance or purchase?

  • davehays15th December, 2003

    residential or commercial?

  • nlsecor15th December, 2003

    If you mean no seasoning like...bought a 200k home for 100k, and now would like to get 180k loan without waiting one year. No...don't know of any. As a matter of fact if someone knows a 80% of appraised value, I would be interested. Some new law (or policy) says homes will be loaned on sell price until seasoned for 1 year. I assume you know that, but if you find anyone let me know as well. I can't get 80% with a 753 FICO and solid bank deposits.
    [addsig]

  • toeneetee415th December, 2003

    IT's a cashout Refi on a residential non-owner occupied investment prop.

  • bansal15th December, 2003

    I have a program that is minimum 70K with 90% stated income cashout, but I am a mortgage broker, if that is ok let me know. Thanks.

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