OR, Single-Family, Refinance, $520K, 688 FICO, 70% LTV
Posted on 7/15/2013 11:59:03 AM
need c/o refi on vacation beach hm prop. for excl borrowers. personal res f/c ($400K) 30yr job history, $450k in Charles schwab investments. near zero debts.
Challange - Mrs. income 100K annually, but just went self employed (computer prog/consultant) 2 months ago, same work 30 yrs, works independently now with company was salaried with for 10 years. Mr. income salaried at $70K for last 10 years.
Problem with Fannie/Freddie is change to self employed to recent.
Sub prop - high end beach hm with current $320k first. need new $525K for (200k c/o)