[QUOTE=Schlesinj;2261823If I remember correctly the rate was nearly 10% and the loan to value was something like 60% of perceived value.[/QUOTE]
That would be my model, although 60% might be a little high. You can also do a deep dive and offer 8% on Ruth, Gehrig, Cobb, etc. and 12% on the shiny stuff, adjusting the ltv accordingly.
|