posted Jan 25, 2011, 10:15 PM by Massey Kouhssari
[
updated May 28, 2015, 5:38 PM
]
Niche List - 9.99% - 12%
- 50 – 60% LTV*
- 3-4 Points based on the deal/parameters
- 1-5 year terms
- Interest Only Available
- Purchase & Refinance
- Bankruptcy OK/Foreclosure OK
- NO FICO/NO CREDIT OK
- Foreign Nationals & Foreign Corporation's
- Remodel/Rehab & construction completion
- Condo's unacceptable to Fannie and Freddie
- Multiple dwellings on one parcel
- Residential / Commercial
- No Reserves
- Stated or Full Doc
- California Properties Only
- Loans up to $1,500,000
- 60%/10% piggy combo to $750,000 (NO Stand Alones)*
- Approvals issued Same Day
- 3-4 day closings
- We buy mortgage notes
- VIRTUALLY EVERYTHING OK BELOW 50% LTV!!!
At this time we only lend in California only... sorry no other states
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