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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


Kathy,

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

by HardMoneyMN December 14, 2012 11:13 AM



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by richardloan December 14, 2012 11:59 AM


Full Service Mortgage Banker: Lending Only In California

Marquee Funding Group, Inc. has been serving the real estate broker community for over 20 years. We have the knowledge, expertise, and funds to close your “private money” deals quickly. We have 50 Million readily available, and we will lend on residential (Owner and Non-Owner), Multi-family, Commercial, Mixed Use, Etc. We have a proven track record (over 1 billion dollars funded since inception) and good paper always sells at Marquee. Give me a call anytime to discuss a loan scenario.

Contact: R.J. Solovy
rjsolovy@marqueefundinggroup.com
(818)-222-5222

Marquee Funding Group, Inc.
24025 Park Sorrento Suite 150
Calabasas, CA 91302
www.marqueefundinggroup.com

License ID: 01876915
NMLS: 303993



by RJS Hard Money December 18, 2012 1:36 PM


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5100 Sunbeam Rd
Jacksonville, FL 32257
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by paulbrowninvestment January 7, 2014 5:02 AM


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