Offering Mortgage Lending Services to homeowners and home buyers. FHA, VA, Conventional to 95%, Hard Money, Commercial, Helocs (2nd Mortgages)
NEW PROGRAM for people in danger of losing their homes:
This program is only for people that want to keep their homes.
Client must be 60 days or more behind on Mortgage.
Client must be “under water” when considering current loan to value ( 120% or more LTV makes the most sense.)
The new loan will adjust to the current market value.
Client’s must h
ave a DTI <41% after the new balance and rate.
Credit is not considered at all.
Upfront fee of $795 for appraisal and underwriting.
No FHA, VA loans will be considered, Fannie, Freddie are tough but will be considered. Portfolio products are best ( jumbo, option ARM’s etc.).
Client’s balance will be brought down to current new appraised value and fixed in for 30 years @ 8.75%. (120% or more LTV makes the most sense.)
Taxes and insurance must be brought current by client.
Deals are typically closed in 60 to 90 days.
We now offer a few Stated Income Programs in the State of CA again
While most brokers are out of business we are still going strong. Our clients receive the upmost customer care and we will help in every aspect we can in saving your home or simply just to buy a new one.
Call us for a no-obligation look at your current situation whether it be buying, refinancing or just trying to keep your home - we will be more then happy to help!
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