Subprime lender in New York?
July 24, 2007 1:04 PM Subscribe
I am looking for a mainstream lender that deals in borderline subprime loans. Any ideas?
I need to refinance a large mortgage in NYC, switching from an investment loan on a multi-family building to owner-occupied. Am looking to take cash out, and am borderline qualified for the resulting loan.
I've talked to the current mortgage-holder (Wells Fargo) but am looking for a better deal than they have offered. I'd prefer not to use a mortgage broker because the loan is large and we can't afford the points.
Has anyone here had recent experience with a bank that was willing to work with a borrower like me? Excellent credit, perfect payment record, decent income--but looking for what may be considered a subprime loan because of iffy property values?
Any mefi loan officers in New York who might be interested in talking, email's in profile. Thanks!
I need to refinance a large mortgage in NYC, switching from an investment loan on a multi-family building to owner-occupied. Am looking to take cash out, and am borderline qualified for the resulting loan.
I've talked to the current mortgage-holder (Wells Fargo) but am looking for a better deal than they have offered. I'd prefer not to use a mortgage broker because the loan is large and we can't afford the points.
Has anyone here had recent experience with a bank that was willing to work with a borrower like me? Excellent credit, perfect payment record, decent income--but looking for what may be considered a subprime loan because of iffy property values?
Any mefi loan officers in New York who might be interested in talking, email's in profile. Thanks!
I'd ask this over at creditboards in the mortgage section. A few really helpful mortgage brokers hang out there.
posted by salvia at 10:38 PM on July 24, 2007
posted by salvia at 10:38 PM on July 24, 2007
This thread is closed to new comments.
posted by SpecialK at 1:11 PM on July 24, 2007