Who can do this loan?
Attn: Mortgage Lenders, Loan Underwriters, Loan Originators, Mortgage Brokers, Mortgage Bankers.
Who can do this loan??????
No Prepay Penalties
Assets verified but not income
Purchase Price 375,000
One Employer Fulltime for 7+ Years
At Current Residence for 7+ Years
Current home owned Free and Clear
New Purchase is primary residence single family detached New Construction
first 2 trade lines 24+months
3rd trade line 18 months
Serious replies please.
-Location New Jersey USA
-Current property currently not listed but will be soon and proceeds will be used to pay off major portion of mortgage
-New Purchase is planned long term residence
-Looking for best solution to transiton to new property
-Income does not meet debt rations when Institutions view both properties as comodities not assets.