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Post date: Feb 18, 2014 9:57:23 PM
BANKERBROKER.COM LENDING PARAMETERS OVERVIEW:
Almost ANY Property Type: Non-Owner Occupied Only
Residential – SFR / 2-4 Units / Condo / PUD
Multi-Family – Apartments (5+ Units)
Commercial – Retail, Office & Mixed-Use
Land & Lots (In-fill)
Flexible Loan Criteria:
Up to 75% of purchase price for Rehab Fix & Flips!
Up to 65% LTV for Purchase Loans
Up to 60% LTV for Refinances
Loan Size: $35,000 & Up.
1sts, 2nds and 3rds.
No PPP, Lockout or Exit Fees
No Commitment/Upfront Fees
No Min. FICO Score Required
Broad Range of Loan Programs:
Fix & Flip [Rehab] 65% ARV
Buy & Hold
Broken Construction
Probate Estate & Trust-owned Property
Bridge, Owner-user, Communities, Factory Built
View Recent Closings | Testimonials
Common Sense Lending is Back®
Call Massey Kouhssari
949-244-1880
A Sampling of Loans We Closed:
Residential 1-4
Land
City: Northridge, CA 91362
Transaction Type: Purchase, Short Sale
Purpose: Fix & Flip
Property Type: SFR – Detached
Lien Position: 1st
Loan to Value: 62%
Loan Amount: $627,500.00
Note Rate: 12.000%
Loan Term: 1 Year
Status: FUNDED
Commercial
City: Santa Paula, CA 93060
Transaction Type: Refinance, Cash-out
Purpose: Business Purpose: Fruit & Nut Ranch
Property Type: Land: 67 Acre Working Orchard
Lien Position: 1st
CLTV: 20%
Loan Amount: $450,000.00
Note Rate: 9.25%
Loan Term: 2 Years
Status: FUNDED
Multifamily
City: Northridge, CA 91722
Transaction Type: Refinance - Cash-out
Purpose: Real Estate Investment Capital
Property Type: SFR - Commercially Zoned. Owner-user Office Building
Lien Position: 1st
Loan to Value: 60%
Loan Amount: $300,000.00
Note Rate: 8.999%
Loan Term: 4 Years
Status: FUNDED
City: Glendale, CA 91201
Transaction Type: Refinance - R&T
Purpose: Retire Existing Ballooning Note
Property Type: Multi Family Residence:
Five (5) Units
Lien Position: 1st
Loan to Value: 36%
Loan Amount: $350,000.00
Note Rate: 10.5%
Loan Term: 2 Years
Status: FUNDED
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