Posted by Houserookie on July 08, 2002 at 17:08:05:
Another option is notenetwork.com. The rule of thumb is if you meet the investor’s guideline, ratio, and score, the discounting should be no more than 5% of loan balance.
Anything over that you’re dealing with a broker.
Austin
Mortgage Investors and Unseasoned loans. - Posted by Carl Williams
Posted by Carl Williams on July 08, 2002 at 16:39:01:
I’m Looking for some information from a Mortgage Investor.
In detail, what terms or what would you require in order for you to purchase an unseasoned or a partially seasoned
loan?
Re: Mortgage Investors and Unseasoned loans. - Posted by Brian M. Powers(MI)
Posted by Brian M. Powers(MI) on July 08, 2002 at 16:52:27:
post this in the paper/notes forum and ask michael morrongiello to answer the post.
you can also contact him via his website at sunvestinc.com
BMP