80% Refi Needed No Seasoning Low 500 score - Posted by Michael

Posted by mei122@aol.com on July 10, 2003 at 15:39:48:

Prince, what is your e-mail address?

80% Refi Needed No Seasoning Low 500 score - Posted by Michael

Posted by Michael on July 08, 2003 at 20:23:07:

Hello,

I have posted this information before but the lender I was working with dropped the ball.

The property just closed last week I bought it for 54K and put down 10%. It will appraise for 88K and would like to get an 80% cash out refi.

Scores are as follows experian 476 equifax 521 transunion 570. Let me know if you can do this deal.

Thanks for your time,
Michael G
South Carolina

Re: 80% Refi Needed No Seasoning Low 500 score - Posted by Prince

Posted by Prince on July 08, 2003 at 22:12:12:

Michael,

Did you do any major repairs to the property that would warrant a higher appraised then purchased value? If not, MOST lenders will use your sales pricec as the value to go off of. If you did some major repairs, you can get 80%. Email me directly and I will help you find a lender in your state.