A post on mortgagegrapevine.com reports someone attempting to buy a manufactured home in a community in Southern California is seeking a lender. The borrower is asking for $269,500, has full documentation, a FICO score of 569, and the loan-to-value ratio is 70 percent. MHProNews offers excerpts from two of the responses.
1) “I offer a wide range of loan,i can help you with the loan funds you seek,my services is fast and due at a very low and minimum rate of 2.5% to suit your needs.Thanks for your understanding.” (Grammatical errors included.).
2) “My name is Dr Richard The Head Loan Officer of RICHARD MORGAN LOANS COMPANY via email Richardmorganloancompany@aol.com, We are offering loans from the range of $1000 USD-$10,000,000 USD. We give out legitimate loans to serious individuals or business firms that are in need of loans. We are a registered Loan Firm that is prepared to meet the needs of individuals who aspire to be greater in the front line of capital accumulation.Our Loans are offered at a subsidized interest rate that is favorable to all citizen.” (Also verbatim) ##
(Image credit: moneycontrol.com)
