News Blog‎ > ‎

Stated Hard Money

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
    We only Lend in California

Comments