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Company name and description: 100% For the Purchase 100% Rehab
Rehab Mortgages ALL 50 STATES

PROPERTY TYPE:
Investor loans on 1 - 4 Family small apartment buildings.

LIEN POSITION: First mortgage only.

STANDARD TERM:
6 months with monthly extensions up to 12 months.

ADVANCE RATE:
Up to 100% of the purchase and rehab, subject to: (i) a minimum borrower funded reserve of 12.5% of the loan amount and prepaid interest for six months, and (ii) up to a maximum LTV of 65% of the After-Repaired-Value of the property.

RENOVATION FUNDS:
Renovation in three draws, and wired directly to your account. Rehab portion of the loan typically not to exceed 100% of acquisition cost.

GUARANTEE: Personal guarantee required.

QUALIFYING DOCUMENTS:
Investor Assessment Form

LOAN DOCUMENTATION:
(For Each Loan)

Purchase Agreement

Summary of Rehab Work to be Completed

After-Repair-Value Appraisal (Obtained by Stanford)
Title Policy (Obtained by Stanford)

Stanford Deal Submission Form

Pictures of Rehab Property

Home Inspection

3 months of Bank Statements

2 years of Tax Returns

3 Most Recent Pay stubs

Signed 4506-T

Have a Powerful Day
George R. Mallory, VP of Finance
Direct: 917-653-5215
Fax: 917-210-2968
Email: georgeM@stanfordestatecapital.com
Website: https://www.stanfordestatecapital.com/
27 North Wacker Drive Suite 1121 Chicago IL 60606
Conference Line: 712-432-0360 Code: 1078921#

George Mallory's Blog

100% Purchase 100% Rehab

Posted on April 10, 2017 at 5:45am 0 Comments 0 Likes

100% For the Purchase 100% Rehab

Rehab Mortgages ALL 50 STATES

PROPERTY TYPE:

Investor loans on 1 - 4 Family small apartment buildings.

LIEN POSITION: First mortgage only.

…

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(DPA) Business Loans 5% Rate

Posted on April 4, 2017 at 8:48pm 1 Comment 0 Likes

Stanford Estate Capital is a REIT's (real estate investment trust). We fund and lend to all US businesses that does not own the real estate in all 50 states at a rate of 5%, 3 months to 5-year term, we also fund real estate investors that holds their flips, we call our program for real estate investors “Down Payment Assistance” which funds as a business loan on non-owner occupy investment properties. Our loans are for, businesses, real estate investors, real estate agents and brokers,…