Mortgage Grapevine

Loan scenario: CA, $117,000, 640, 60% LTV, Purchase, full, OO

State: CA

Amount: 117,000

Property type: SF

Documentation: full

FICO: 640

LTV: 60%

Occupancy: OO

Loan purpose: Purchase

Purchase price is $217,000. Looking for a first deed of trust in the amount of $117,000. SFR in Fairfield, CA. Direct lenders only please. Buyer is exercising lease option and needs seasoning to refinance with conventional lender.
by kathyg December 13, 2012 7:44 PM

Good Day

100% Project Funding available.
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by zenith December 14, 2012 3:01 AM


Given the low FICO score, your client likely needs to go hard money. If so, I'd love to take a look at the file. With the changes coming to O/O financing due to Dodd Frank, it's more important than ever to get these loans in now before 2013.

Athas Capital Group is a DIRECT, Hard Money lender. We use our own funds and do not rely on individual investors to close your loans.

Initial Loan package:
- Broker Sub Form
- 1003
- Credit Report
- Executed Purchase Contract

Call me with any questions.

Thank you.

Marc Noddle
Senior Account Executive
Individual NMLS #290322
Athas Capital Group NMLS #275237

877.877.1477 ext 206 Toll Free
818-259-1259 Cell
818-647-0175 Fax
26901 Agoura Rd. #250
Calabasas Hills, CA 91301

Web: www.athascapital.com

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by richardloan December 14, 2012 11:59 AM

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by paulbrowninvestment January 7, 2014 5:02 AM


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