Client owns the property. Appraised value $285,000 Mortgage balance 105,000.
Current mid score of 613, wants 20-25K (80% LTV) willing to secure the loan as a 2nd. 1 Mortgage late in 2006 (in dispute) all other trade lines are current.
Hope this helps
ron
Edited by Ron Bourgeois (05/19/07 10:47 AM)