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Residential Post Detail
Blanket Loan in Ohio 1/27/2019 4:49:38 PM  Broker Location: OH/43068 Other/Niche/OH/43205
PostID: 49981     Status: Open  
Property Type Single Family Detached 
Units 1 Single 
Occupancy Non-Owner Occupied 
Purpose Purchase 
FICO 575 
DTI  
Doc Type No Doc 
Product Type Interest Only 
Lien Position First 
Appraised Value: $225,000 
Loan Amt 1st: $144,000 
Loan Amt 2nd:  
LTV: 65% 
CLTV: 65% 
Keywords: Blanket Loan
General Notes: borrower wants to purchase a home for $130k, value is $180k, has been renting the home for three years, and rents out the rooms in the home. Seller is willing to sale her the home at a discount. Owns a property worth at least $40k free and clear for additional collateral. Would like to borrow the purchase price of $130k plus closing costs and put a lien on both properties
 Replies: 2 
Name: Robert Schumacher Phone: 215-619-2575 1/28/2019 7:06:22 AM
Company: Velocity Mortgage Capital Email: rschumacher@velocitymortgage.com Display Advertiser: page 7
possible loan options available.
 
Name: Luan Nguyen Phone: 949-505-5217 1/28/2019 11:14:12 AM
Company: HomeXpress Mortgage Corp. Email: lnguyen@homexmortgage.com  
HomeXpress has programs and great pricing for your borrower, please pm for more details.
 
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