No doc refi? - Posted by Chris

Posted by GMann on November 13, 2002 at 13:28:02:

It sounds like you have a very doable loan. I don’t have the ability to do loans in VA. I know a former employee in TN that does loans in VA. He was my top loan officer every month. Very professional and he actually calls you back!

Bryan Carraway
United Capital Mortgage
865 379-6151

I will call him so he will expect your call. I will relay your scenario.

Best of Luck
Gary

No doc refi? - Posted by Chris

Posted by Chris on November 10, 2002 at 16:06:43:

I have equity of about $700K in my property (appraised Oct 2002 at $1M+) and would like to raise about $100K cash, plus pay off a seller-carried second of $40K. I believe my FICO score is 640. I would prefer a no doc loan.

I have a company prepared to lend, but at the last moment they informed me that their ceiling is $400K. That would only give me about $50K cashout.

I don’t mind refinancing the whole mortgage, or taking a second, but I want to close within 2 to 3 weeks.

Any advice on how I might go about this?

Chris
Virginia