Cash flow, Credit & LTV are equally important today. The interest rate you will be offered will directly correlate with the amount of risk these numbers show. It's a good idea to do your own analysis on this property. Looking at it objectively like a lender does will help you determine the cost benefit of continued ownership and whether selling or paying for a refinance is the better option. Please contact me if you would like a simple spreadsheet to assist with this analysis.
http://www.GregZaccagni.com

im seeing 6-6.375
heres my info if your real interested..email me you situation or call.

thanks so much and God Bless
Michelle Windle




mwindle@mtg-group.com



(Please remember my name when it comes

to your friends, family members and

acquaintances - as my continued success is

based upon your referrals. Thank you.)



Midwest Capital Mortgage

206 West Mill Street

Liberty, Missouri 64068-2340

O - 816.795.8500 F - 816.407.7722 H-816-216-6585 C-816-824-5292
http://www.mid-westcapital.com

LTV will need to be in the 70% range, Mid 7% rates are correct and this will cost in terms of a buy down rate.
call me to discuss
630-835-9044

If you are getting no thanks that is probably because the new guidelines call for the net on your IRS return '07. If you are smart, your accountant made that number as low as possible so you would have less taxes to pay. All Fannie Mae lenders use the same numbers, so only contact portofolio lenders. E-mail me for a referral. If you are getting a no from a portfolio lender---then find out why and fix that. Sometimes a letter of explanation is acceptable. If it is your credit that is the problem you might have to pay over 9%.

Good Luck.

Marie Skopis
skopis@hotmail.com
Dumas & Associates Inc.

Noah,

Shoot me an email. I need some financials to see if we can make this thing work. You can email me at Tino.Muratore@gmail.com.

Thanks and I look forward to hearing from you.

Tino Muratore
Allied First Bank

I also have two lenders you can contact for help;
Dana Howe @847-269-4600 and
Russ Englese@ 847-308-8476
Good Luck!

Noah,

I would call any references you could come up with at some banks. i have an agent who's client just did this and where it was time consuming, they refi'd him at an unbelievably low rate. I believe that he spoke to the mediation department (at Chase) and they took care of him, but he had his loan originally through Chase. Might suggest that you call your current institution and see if they have a mediation department and if you could speak with them. They don't want your property down the road. good luck!

I have 2 lenders you can contact for help. Alex Maldonado at Chase 630-730-6277 or Tino Muratore at Allied Bank 630-901-7876. I have done business with both of them. I hope it works out well for you.