Need an $800,000 Loan for a Home in CA. - Posted by Jim

Posted by Michael Pine on September 28, 2003 at 23:02:54:

Jim,

What kind of financing do you want? That will depend on how much income is required. On high ltv loans banks will usually request 6 months of PITI.

The rate is also affected by the LTV a long with the loan being stated.

Best wishes,

Michael Pine
email: Michael_Pine@yahoo.com
AIM: MortgageBroker71

Need an $800,000 Loan for a Home in CA. - Posted by Jim

Posted by Jim on September 27, 2003 at 21:59:26:

Hi Everyone!

Wanted to know how much monthly income I would need if I went stated income to obtain this loan. My Fico score is at least 750. What points & interest rates would I be looking at?

Thanks,
Jim