A deed of trust works that the grantor (the owner or borrower) grants the property to a trustee (a disinterested third party) who holds the property in trust for the beneficiary (the lender).

Some even owe 103% (seller paid closing costs) or 106% (down payment assistance program).

I am looking forward to meeting everyone and am here to assist.

Don't borrow from peter to pay paul.

HiMy main goal - to build a working model for REI clubs in Ukraine, 'cause it's completely new approach for private investors here.Any assistance is welcomed :D Regards.

If this is a primary residence, then perhaps FHA would work at 97%LTV.I'm also not sure why you are looking for full OR stated doc since if your borrower qualifies with full income documentation they will always get a better interest rate and higher LTV.There's just not enough information in your post to warrant a phone call to you but if you want to discuss further, shoot me an e-mail.Ken StampeBank of AmericaMortgage Lending

:cry: I am about to lose my good faith deposit (quite a bit of money) on a preconstruction condo in FL and need some assistance.

I have found some really good deals that i cant act upon because of lack of cash and i dont exactly feel comfortable with borrowing anymore money from banks or try borrowing from family or friend.

Did you figure in closing costs for the money you are borrowing?

Feel free to contact me as Imight be able to assist you.