Breaking News! Alt-A Hard Money By The Guys in the White Hats
Our breaking news brings you a brand-new release: Low hard money rates from 6% – 8% with our one of a kind, Alt-A Hard Money Program!
This is for those borrowers who are just shy of qualifying for “A” paper underwriting. The qualifications include:
– Borrowers with good credit of at least 640.
– Max 64% Loan To Value.
– Nice location and good property.
Below Are Two Such Scenarios Recently Funded:
Location: Kentfield, Marin County
Why Came To Us: Turned down by her bank at last minute.
Scenario: Needed to complete renovations to then sell house.
Loan Size: $680,000 with LTV just under 50%.
Days To Finish: 7 days!
Location: Santa Rosa, Sonoma County
Why Came To Us: Loan disapproved due to last-minute issue with proof of income.
Scenario: Relator called us on day 27 of 30-day close of Escrow for a fast loan.
Loan Size: $946,870 LTV 35%.
Days To Finish: 3 days!
If you have a scenario that could use the help of Hard Money programs, call us at 707-523-2099!
The content of this blog contains general advice only and does not consider individual financial circumstances, desired loan amounts or existing real estate or lending transactions. This information is intended for licensed Real Estate Agents and licensed Lenders/Mortgage Brokers and is posted on our company website and specific blog sites with the express purpose of reaching such licensed individuals.