Yes, we're one of those lenders. Please visit us at http://OCFPrivateLending.com
Best regards, Francisco De La Chesnaye
While our company does not provide the funding.We do however purchase shortsales anywhere in the U.S. If your clients are not interested in losing their home. We have the resources to purchase anything up to 10-million.
Feel free to contact iur office,if you have any questions!
AYL-Success REI Group
Yes, in fact FHA is starting to address this issue!!
But Banks will be SLOW to make the changes...see attached
I can buy homes at fair price, if your clients are loosing these funding due to lack of money. send me a mail or call me at 408-916-6672
Yes, there are a few programs out currently for individuals directly after a short sale deed in lieu etc. I am more than happy to talk or email information as well. My name is Nathaniel LeSpade at EVolve Bank and Trust. Please call at 303-800-91244 or email me anytime at email@example.com. I attached a few flyers for you as well. Thank you
Are you talking about Owner Occupied or investment properties?
I work with lenders that can either go as low as 500 Fico or straight asset based. We can do Acquisition & Renovation and Cash-out Refinance. No upfront fees. I've been working in real estate, lending and venture capital for 13 years. I have helped finance over $40mm in real estate.
DEAL JUST NEEDS TO MAKE SENSE.
RESIDENTIAL terms range depending on property, location and borrower:
-Residential Asset based to non-prime lending w/min of 500 Fico
-Acquisition/Renovation 4-6 months
-Cash-out Refi 3yr
-10% - 12% rate
- 65% LTV on cash flowing properties (exceptions for great deals).
- 60% LTV on all non cash-flowing properties (raw land may be an exception).
- Min. loan amount $1.5 M, max. loan amount $10 M.
- Terms range from 3 months to 18 months with extension available.
- Can fund with-in a 7 to 14 day period.
- Purchases, refinances, construction, rehab, cash-out, etc
- Asset based
Fill out a Loan Summary Sheet. wwwProvidentMng.com
or email me OffMarketRealEstate@gmail.com
We are seeking writers
Our program allows the homeowner to stay or walk away! What makes it even better is this: NO COSTS TO GET INTO THE PROGRAM! If you want to help others, in danger of losing their home. You can become an affiliate, who gets paid for saving homes! It gets even better though! YOU DON'T PAY A DIME TO JOIN OUR TEAM! START MAKING SERIOUS MONEY TODAY! Helping others stay in there home, or walking away, WITH NO FINANCIAL RESPONSIBILITY WHATSOEVER!!
SEE FOR YOURSELF GO TO:WWW.STAYINORWALKAWAY.COM/DOCTORBUSINESS
NEW SUB PRIME OFFERINGS NOW AVAILABLE
NO upfront fees & NO RESERVES needed on any of our Programs
1. BANK STATEMENT FUNDING:
We have a bank statement program for Self Employed Only, 24 months all pages,
you can use personal or business BS, NO TAXES, and NO 4506
MIN FICO for Owner Occupied Bank statement is 600
MIN FICO for Non Owner Bank statement is 500
MAX LTV for Owner Occupied Bank statement is 80 LTV
MAX LTV for Non Owner Occupied bank statement is 65 LTV
USE 100% of the deposits, do NOT use balance transfers
2. WE CAN DO STAND ALONE 2ND's
OWNER OCCUPIED ONLY CA AND AZ
MID FICO NEEDED IS 550
MAX CLTV IS 70%
3. Coming out of a short sale ....:?
We will do 1 day out of a short sale/DIL up to, 60% LTV WITH A 500 FICO
We will do 1 day out of a short sale/DIL up to 65% LTV with a 550 MID FICO
We will do 1 day out of a short sale/DIL up to 70 LTV with a 600 MID FICO!!!
We will do 12 months out of a short sale/DIL up to 80% LTV with a 650 MID FICO-
4. Coming out of a BK....?
1 DAY OUT OF BK, MAX 60 LTV, and 500 FICO REQUIRED
12 MONTHS OUT OF BK, 65 LTV, and 550 FICO REQUIRED
1 DAY OUT OF FC, MAX 60 LTV, and 500 FICO REQUIRED
5. Coming out of a FORECLOSURE....?
12 MONTHS OUT OF FC, 65 LTV, and 550 FICO REQUIRED
We can use old appraisal as long as it was done by a AMC (up to 120 days at funding, do NOT even need
lender name changed
we will allow GIFTS on O/O, 2nd home & Investment properties (gift can be for FULL Down payment
required on that particular loan, will need GIFT letter)
we allow up to 20 total properties, so we can do CASH OUT on any one of them
If you have a sub prime need that fits any of the above scenarios, contact Jason at:
yes contact s at firstname.lastname@example.org
DO YOU NEED DIRECT FUNDING? Am a private lender willing to work with you, Contact me to visit the company website for more info on direct funding, asset protection, credit repair, business solutions and much more because our loans are well insured for maximum security is our priority.Email# email@example.com
(Serious Inquiries Only)