Hi all,

I am looking for a %100 financing with stated income on investment property, licensed in Texas for none warrantable condos 4 story's high and above.

I want pay option or interest only, also with %95 financing as well.

Please send me your qoutes with what ficos can you do what. Please send me seperate information for fico 640, fico 620, fico 700 and so on.

As a mortgage consultant yourself, you should know that the first thing that needs to be done is to run credit on the borrower to find out exactly what the situation and credit score are. What you're asking is for us to spin our wheels when this borrower is not committed to push things forward and the scenerio is not even a deal yet. Would I do it? No. Have I ever done it? Yes plenty of times when I first started and that got me nothing but headaches and frustrations. Would I do it again? No, my time is much more valuable than that nowadays.

Good luck.

4+ stories and non-warrantable is best served by a commercial lender... Below 4 is better served by residential in most cases. For that situation I would need to know what makes them non-warrantable. What % is owned by investors? How much in liquid assets? Can you verify them or do we have to state assets?

Pay Option will likely be a needle in a haystack and not 100%.. Maybe 95% CLTV in which there is no 2nd unless it is a private investor or carry back.

Interest Only yes...

A 620 will get investment at 100% Stated Income Stated Assets. But, not a non-warrantable condo.

Why do you want quotes for all ranges of FICO scores?

The fico scores above 620 will get you the same rate 1.0% for a pay option arm. The only thing that will change is LTV% and adjustments. I can get 100% on a pay option arm 80/20 with a 660 Fico. If this property is a investment property that is a single family, condo, or high rise under 4 stories... no problem! If it is none warrantable condos 4 story's high and above I cannot do it. Let me know.