TRUE 100% CLTV lending for real estate investors
This is TRUE 100% CLTV for the purchase of residential and commercial real estate. Some may do a 50 (lender) 30 (seller) 20 (borrower) or require a minimum of 10% down (on 100 000 that is 10 000 you need down). If we offer you 50% the seller carries 50%. If we offer 60% the seller holds 40%. With our hard money bridges you don t need to put anything down We need you to provide - Clean title. Either you go through a title company or the seller rep provides you with it. - A recent appraisal 3 - 9 months case by case. Over 9 months you will need to order one. - Closing costs. Remember when you negotiate you can ask for the seller to pay closing costs aka a seller credit. - Doc Fee. This is our law firm s fee to put the paperwork together. If you have a clean title recent appraisal and negotiate a seller credit you only have a Doc Fee Lending criteria - We can lend from 100K - 3M over 3M is case by case. - Residential and commercial real estate if O O it must be for business only. - Land must either be cash-flowing (ie commercial parking lot) or there must be some type of real estate on it up to 5A no raw land ground up construction. - Your credit is only to set the interest rate. We ve helped people with a FICO under 400 and with over 200 inquiries.- All 50 States only. -Contact 209-691-5393.
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Category: Real Estate - Services
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