Browse Our Site:
Search Mortgage Library:
Types Of Mortgage Loans Mortgage Lender Directory  +  Mortgage Calculators  +  Mortgage (ARM) Indexes Mortgage Market Survey
+ Find The Best Mortgage + Ask A Mortgage Related Question  +  Articles And Publications  +  Mortgage Glossary + Search Mortgage Rates +
Credit Grade Guide Historical Mortgage Index Data  +  Historical Mortgage Rate Data  +  Home Interest Rate Trends

Mortgage-X Forum

Mortgage-X Forum
Mortgage-X Forum
Search Forums |
You are logged in as a guest. ( logon | register )

Option arm
Moderators: Mortgage-X

Jump to page : 1
Now viewing page 1 [25 messages per page]
   Types of Loan Programs-> Pay Option ARM, Pick-a-Payment, Cash Flow LoanMessage format
Posted 10/5/2005 11:16 AM (#434)
Subject: Option arm
Is there a option arm available 2 years out of bankruptcy, 80% LTV, Seattle, WA 440,000 appraisal, 660 mid-score
Big Bank Hank
Posted 10/5/2005 6:59 PM (#436 - in reply to #434)
Subject: RE: Option arm
Posts: 22
I don't know of any lenders that will do an option arm 2 years out of a bankruptcy. World Savings might do it if it makes sense. They often make exceptions.
Ben Tatou
Posted 10/8/2005 4:09 PM (#446 - in reply to #434)
Subject: RE: Option arm
Although a difficult loan to get done it is doable.
Some of the key questions the wnderwriters need answered relate to how did you get to the Bk to start
with and how have you managed your finances after the discharge. Not an easy loan by any means.

Posted 1/19/2006 12:05 PM (#704 - in reply to #434)
Subject: RE: Option arm
World will definitely entertain that loan. Full Doc/Stated with good re-established credit since the BK with no lates following.
Jump to page : 1
Now viewing page 1 [25 messages per page]
Jump to forum :

Running MegaBBS ASP Forum Software v2.0 © PD9 Software

Mortgage professionals are welcome to participate!
Home  |  For Lenders  |  Contact Us  |  Disclaimer
Mortgage-X is an independent information service and is not affiliated with any lending institution.
Copyright 1998-2009
All Rights Reserved

(Delete all cookies set by this site)