Non-Owner Occupied Rental Property Acquisition Loan...14 DAY CLOSINGS!!!!!

[LaZette]

One of our lenders is anxious to get money on the street!

- Acquisition of a Single Family, Duplex, Triplex or Quad
- Property MUST be titled in corporate name
- $50k up to $500k
- LTV up to 70%
- Rates typically 9.50% – 9.75%
- Fixed 2, 3, & 5 year terms
- 25 year amortization
- Lender will fund with credit scores as low as 600
- Is not a “fix and rent” loan or “refinance loan”

If your project falls into any of this category, please email [e-mail]

[Russell Mallory]

I not only represent a fund, the owner of the fund is a personal friend that has allow me to market and underwrite their program; first this is not a line of credit or an joint venture with a 50/50 split. This nationwide program is a swift solution (3-5 day to fund) for real estate investors with no advance fees to worry about. Thank you, I welcome working with you.

 

    Lending for Real Estate Investors Nationwide (Short Sales, REOs, Auctions)

 

• 100% of the Purchase base on a 60% ARV
• Property Types: 1-4 family, wholesale purchases, short sales, REO, Multifamily, Mixed Used
• Terms: 12 Months Interest Only with No Pre-Pay Penalties
• Fico 650, experience will always trump your fico or your financials
• Rate 10% to 13%, no monthly payments
• No tax returns or Bank Statements requirements
• Points 2-3, points that can be rolled inside the loan
• Loan amounts: $50,000 to $5M
• The loan can be refinance or flipped: No Pre-Pay Penalties
• 24 hours for an email quote
• Commitment letter for your          seller much better than a POF
• Contract issue the same or next day
• Funding: within 3-5 days

 

Resume, 1003, Breakdown of the rehab, recent appraisal or BPO or comps

 

 

 

 

 

Have a Powerful Day

George R. Mallory,

VP of Finance, Underwriter

Mobile: [phone]

Fax: [phone]

Email: [e-mail]