Forum Replies Created
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What is the max CLTV MAX CAP CAMERON?
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I was wondering the same thing. What is ADU? There are so many acronyms these days that you cannot assume everyone knows what they are all are. Many people do to not know what LTV, DTI, CLTV, HELOC, HECM, DU, LP, AUS, and other acronyms are or what they stand for.
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Cameron, did Angie email you the Connecticut file with a 120 late with a good letter of explanation. I need to close this asap. Call me if you are available so we can go over this.
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Gustan Cho
AdministratorAugust 5, 2023 at 3:18 pm in reply to: Equipment Financing at LENDING NETWORK LLCYes, from my understanding any equipment financing over $150,000 requires light doc such as bank statements or income tax returns. The higher the loan amount the more the paperwork required which is understandable.
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Cameron, need non-qm Lender with the following: LATE PAYMENTS PAST 12 MONTHS, MANUAL UNDERWRITING, NON-QM LOANS ONE DAY AFTER BANKRUPTCY, NO- doc loans, non-qm Jumbos, 90% LTV NON-QM Jumbo, ITIN, 1099s, nonwarrantable condos, New construction, 203k loans Manuel, W2 income only mortgages, fix and foux, bridge loans
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Angie is going to send you a file now
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Thanks you my MAN, CAM.
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Tom, do you guys do non-qm loans after bankruptcy and foreclosure with no waiting period requirements. Many non-qm wholesale mortgage companies used to have non-qm loans one day out of bankruptcy and foreclosure with no waiting period requirements but have changed the waiting period requirements.
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Cameron, see if you guys can make an exception on second mortgage acreage loan.
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