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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Ramsey Su who wrote (45427)11/14/2005 12:21:07 PM
From: loantech  Read Replies (1) | Respond to of 110194
 
Ramsey,
Yes we still do some sub prime. Here are some rates: Assume 200,000 loan purchase or refi 2/28 2 yr PPP with a 590 mid CS. 80% LTV = 7.15 full doc and 7.75 stated income. 90% LTV full doc = 7.85. 100% = 7.55 1st and 20% LTV 2nd at 12.35.

560 CS 80% full 7.55 and 8.75 stated. 90% full dow 560 CS = 8.85.

Hope that helps.
tom