Stated Hard Money
Post date: Jan 26, 2011 6:15:3 AM
Niche List
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