1. Need a subprime lender that will not require payoffs of collections. 80% LTV full doc. middle score of 559. Purchase. $104,000 in reserves. 67,000 purchase price. Property in Florida. Can not get an LP accept with FHA.
2. Have a 70% LTV purchase. $612,000 loan amount. Middle score of 671. Borrower has $1.5 million in the bank. Need stated. Problem is chapter 7 bankruptcy discharged 30 months ago and tax liens that are all paid. Need the best rate possible. Property in Florida.
Try InterFirst. On 80% ltv’sno need to payoff collectionsm on the deal, they should be able to handle that too
did you try first franklin for the bk loan. New century will allow higher loan amounts with 2 yr discharge.