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We've Got You Covered!

100%  SISA w/620 Credit Score

 

 

  • 80/20
  • Interest Only on both 1st and 2nd
  • Verify 2 mos reserves + closing costs
  • 2 units and condo pricing available
  • 1x24, 2x6 trade requirement - no min balance and 
    only one has to be open and active for the past 6 mos.

 7.25%          30 yr fixed  at par 1st TD
11.99%      20 yr fixed  at par 2nd TD

 INTEREST ONLY OPTION ON BOTH LOANS


Price effective 7/17/06.  FiveStar series, SFR, purchase, Owner Occupied, Stated Income Stated Assets, 620 Credit Score, 80% 1st Trust Deed, 30 yr fixed, 3 yr Prepay, $417,000 Loan Ammount, Interest Only option for 10 years. 2nd trust deed, 20%, 20 yr, No Prepay on second, Interest Only option for 5 years.
Is Your Borrower Still Looking For Rates In The 4%'s?

Give It To Them!!

  • 100% Purchase for $812,500
  • Stated Income
  • Interest-Only
  • 2/1 Temporary Buydown paid by Seller Concessions
  • Qualify this loan at 5.375%

 

1st Year: 4.375%
2nd Year: 5.375%
3yr Year and beyond: 6.375% - Par price

2nd Lien is Fixed with I/O: 9.625 @ Par

Price quoted May 22, 2006. Five Star Series 5/6 Libor ARM 1st lien of $650,000 for 80% LTV. Purchase, O/O, SFR, SIVA doc, 720+ credit, interest-only, waive impounds, 2.25 margin, 3yr hard prepay, 15 day lock. 2nd lien is fixed 20 year, interest-only, 3yr hard prepay, $162,500 loan for 100% cltv.


Contact Your Opteum Account Executive,  For More Information.

Andrea Bill
714.656.6300
abill@opteum.com

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Call Opteum Toll Free 888.586.0002

Information provided is for Real Estate professionals only and is not an
advertisement to extend consumer credit. Section 226-2 Reg.




White Star Mortgage - 125 Town Park Drive Suite 300 - Kennesaw, GA 30144
Office Phone: (770) 973-0629 Fax: (770) 200-3720 Cell Phone: (770) 713-1662


We lend in the following states: AL,CA,CT,DC,FL,GA,IN,KS,KY,LA,MA,MD,MI,MO,MS,NC,NH,NY,OH,SC,TN,VA,WV



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