Interest rates ?
02-17-2006 | 04:44 PM
#21
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Joined: Dec 2000
Posts: 1,333
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From: Puerto Vallarta Mx, Lake tahoe Ca,
Re: Interest rates ?
Originally Posted by Pantera1
Your right ..my girlfriends a mortgage broker and she was looking at someones paperwork last night ..her score was 475 (pretty low) but she said she was going to qualify for that commercial loan.. Weird business thats for sure.. I have 740 score and less than 10% DTI and i was turned down for a second on my house because I had started my business 8-10 months prior.. The lenders have alot of say in whether you qualify and for what rate etc..
One thing is for sure CASH is still KING
One thing is for sure CASH is still KING
475 and is getting a commercial loan???
hmm,, i have a hard time believing that any lender would even consider touching,,
i have been a broker for many yrs and i am wondring what the compensating factors would be for a lender to consider a 475?
02-17-2006 | 04:45 PM
#22
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Joined: Dec 2001
Posts: 3,904
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From: Iowa - Missouri
Re: Interest rates ?
Originally Posted by Loan Ranger
Key's discount is at 720 so a 810 score or a 750 score makes no difference, they both qualify.
Last edited by Von Bongo; 02-17-2006 at 04:57 PM.
02-17-2006 | 04:46 PM
#24
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Joined: Mar 2002
Posts: 3,459
Likes: 1
From: Winnipesaukee
Re: Interest rates ?
Originally Posted by Jonas
475 and is getting a commercial loan???
hmm,, i have a hard time believing that any lender would even consider touching,,
i have been a broker for many yrs and i am wondring what the compensating factors would be for a lender to consider a 475?
hmm,, i have a hard time believing that any lender would even consider touching,,
i have been a broker for many yrs and i am wondring what the compensating factors would be for a lender to consider a 475?
The company she works for is run by bloodsuckers ..
Shes told me some stories and it doesnt sound like ethics have anything to do with the way they do biz
Sort of like credit card co.s'
Last edited by Pantera1; 02-17-2006 at 04:50 PM.
02-17-2006 | 07:46 PM
#25
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Joined: Jul 2001
Posts: 16,435
Likes: 2
From: USA
