30 PROPERTIES 50 UNITS 11 STATES $6,500,000 EQUITY $3,000,000 OWED 30 MORTGAGES 720 FICO

[DESIGNER.DEVELOPER.GLOBAL.GROUP]

FUNDING PLAN

52 PROPERTIES MIX UNITS (RESIDENTIAL TOWNHOUSES CONDOMINIUMS)

11 STATES

$6,000,000 EQUITY

$3,000,000 OWED

40 MORTGAGES

1) APPROVAL

1A) $3,000,000 REFINANCE APPROVAL

1B) 40 MORTGAGES CONSOLIDATION TO ONE CREDIT LINE LOAN

1C) $250,000 CASH OUT CASH RESERVE

1D) $2,250,000 ADDITIONAL REAL ESTATE ACQUISITION FUNDING APPROVAL

=

$5,500,000 FUNDING REQUEST & REVOLVING CREDIT LINE LOAN APPROVAL

$30,000 MAX ONE LOAN MONTHLY REPAYMENT

FAVORABLE RATES

LOW POINTS

NO PENALTIES

NO UPFRONT FEES

 

2)  ESCROW

2A) $3,000,000 40 MORTGAGES PAYOUT

2B) TRANSFERRING OWNERSHIP FROM < PRIVATE OWNERSHIP > TO < BAK MANAGEMENT LLC >

2C) $250,000 CASH OUT CASH RESERVE

2D) $2,250,000 ADDITIONAL REAL ESTATE ACQUISITION DISBURSEMENT TO < BAK MANAGEMENT LLC >

2E) $5,500,000 ONE CREDIT LINE LOAN MONTHLY REPAYMENT PLAN

 

3) DISPOSITION

3A) PROJECTED $1,000,000 DISPOSITION OF NON PERFORMING ASSETS

3B) PROJECTED $1,000,000 CREDIT LINE LOAN PAY DOWN FROM $5,500,000 TO $4,500,000

3C) REASSUMING PROJECTED $1,000,000 REVOLVING CREDIT FOR 2^ND ADDITIONAL REAL ESTATE ACQUISITION 

[John Broussard]

John Broussard

Newbridge Investments

713-777-9996 Ext 103

[e-mail]

[Chris Tanael]

Hello,

My name is Christopher Tanael, 

   I work with Fund Loans a unique Jumbo lender in Encinitas, CA. We offer true "Make Sense" underwriting by taking into account our clients full financial picture. With this understanding we are able to offer tailored mortgage solutions that greatly increase the buying power and overall strength of the Self-Employed borrower. We offer this product on a limited basis, and depending on location as well as experience. We believe this product will be a great fit for your team to close Jumbo loans others cannot.

 Here are some highlights below:

• 60% DTI Owner Occ / NO DTI on Investment Prop.

• Investment/Primary properties to 75% LTV

• Foreign National to 70% LTV

• Qualify with Interest Only on Non Prime up to 75%LTV

• 5/1ARM, 7/1 ARM, 10/1 ARM, INTEREST ONLY

• Cross Collateralization- Asset Depletion -NO PREPAY

• LOW FICO SCORES ARE - OK -  

• Credit events accepted (FC,SS,BK)

• ALL RATES -- 5.49% - 7.99% I/O

• ALL Products - 30yr. Amortizing  5/1, 7/1, 10/1 ARMS

   NICHE'S

• BANK STATEMENTS- LLC. Corp. BUSINESS or PERSONAL

• $500,000 MIN to $10,000,000 MAX

• LOW FICO'S on JUMBO/SUPER JUMBO LOANS

• NO LIMIT ON CASH-OUT amount

• NO SEASONING on the right deals

• NO SEASONING on CREDIT EVENTS, BK, FC & Short Sale

• Less than 2 years SELF EMPLOYED & NEW SELF EMPLOYED

• In House/Manual UW for ALL Loans

• Residential Loans Only, SFR, condos, 1-4 units-

• Products: 70% - 75% LTV -up to -10 Million-

• 5.49% to 7.49% -  5 year Interest Only Loans

• No Pre Payment Penalties

TOP REASONS & YOUR ADVANTAGE

• Timing (Fast Closing)

• Human "Make Sense" underwriting 

• High DTI (I've done deals at 140 DTI, with traditional calculations*)

• Lend to a corporation

• Hard Money type lending guidelines with Alt A rates. 

• Interest Only option available

  MISSION

• Serve a misunderstood Jumbo & Super Jumbo market

• Fund "Make Sense" loans when Traditional channels will not.

• Understand & Listen to our clients story with an unbiased Human Approach.

• MAKE EXCEPTIONS based on COMPENSATING FACTORS

• < AND ACTUALLY FUND DEALS BECAUSE THEY MAKE SENSE> 

 

 

 

 

C H R I S T O P H E R   T A N A E L

Wholesale Account Executive

NMLS: # 1416783    [e-mail]

Office: 760.994.4014  FUNDLoans.com

[DESIGNER.DEVELOPER.GLOBAL.GROUP]

Dear Ford Mortgages,

Your Inquiry Is Greatly Appreciated.

At Your Convenience If Could Be Kind Enough To Reply With Your Name And Direct Number As No One Answers At  407 329 4984 .

Your Cooperation Is greatly Appreciated.

Sincerely.

GLOBAL.DESIGNER.DEVELOPER