news from lender. not super awesome
raised value to $420k (hellooo)
new loan amount $273k
with payoff of $297500, points, fees, tax escrow I would have to come up with $54880 to close
Broker was 'disappointed' and already asked lender if they could go up to 70% LTV>. (no response yet) but resulting loan would be $294k and I would need $35640 to close (with payoff, points, fees, tax escrow)
Had another (last one I am calling!!!) lender say this was impossible
Because a thing seems difficult for you, do not think it impossible for anyone to accomplish. - Marcus Aurelius
Broker called back.. "lender wants deal' they are ordering ANOHTER BPO (their cost).. tomorrow .. and will go w that value or $440-450 whatever is MORE but only 65%
Praying for good news. I am in SERIOUS NEED of good news.
Called realtor who did my report.. asking for thoughts on how to deal with new BPO guy... . would love it to come out at $47-$480 or MORE.. need to retain cash.
News soon. Thanks for pulling for me
News from lender-not super awesome