| 4. | Q. I am in need of a lender who will do stated/stated, 780 mid score, 60% LTV, $3,500,000 loan amount, 6$6,500,000 appraised value, He owes $2,000,000 on property. I have a couple of lenders who will do this loan, but the appraisal is going to be tuff. I need the lender to be open about comps. The highest sold or listed comp is around $2,000,000. Everyone thinks he built the biggest house on the block. That is not the case. Where the property is there are many owner built homes that are just as big or bigger the subject home. The problem is that we do not have sales data to use for that value. He put $9,000,000 into the house. Thanks for your time. Any help would be great. Sean Young
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