Guy In The White Hat Comes To Homebuyers’ Rescue!
Ever since we opened our doors in Sonoma County in 1988, we’ve given extra care to round up people who have been “Turned Down Elsewhere?” – because of credit, income, the property or a combinations of these.
We are the local Hard Money Lender who can help rescue your deal…and get your Buyer into That Home!
Here are Hard Money Buyers recently rescued…
Curtola Parkway, Vallejo, CA 94590
First Trust Deed for $48,750 @ 13% interest only for 36 months. Purchase price was $75,000. $30,000 down payment. 60% loan to value. This is a purchase of a 4 bedroom 2 bath home of 1,740 sq. ft. on a 3,267 sq. ft. lot. This house payment including taxes and insurance totals around $600 is about $200 less than they were paying for rent at $850.
1386 Donna Street, Novato, CA
First Trust Deed of $202,300 for 85 months @ 12.0%interest only. Loan to value is 70%. No prepayment penalty. Purchase price was $289,199.This is an owner-occupied purchase of a single family residence. It is 3 bedrooms and 2 baths at 1,163 sq. ft. on a 7,492 sq. ft. lot built in 1956.
Laurel Street, Santa Rosa, CA
First Trust Deed of $192,000 for 12 months @ 12.0% interest only. Purchase price was $240,000. Loan to value was 80%. Home is 3 bedroom, 2 bath and 1,250 sq. ft. 0n a 10,000+ sq. ft. lot. Buyer is an experienced Flipper.
Park Glen Drive, Windsor
First Trust Deed of $206,400 for 12 months @ 12.0% interest only. Purchase price was $258,000. Loan to value is 80%. 4 bedroom, 2 bath home of 1650 sq. ft. on a 8,276 sq. ft. lot built in 1973.
Loan approval based on just 2 criteria:
1. Good Down Payment
2. Ability to Repay
FAST Hard Money financing in Sonoma County and contiguous Counties
- FICO is not a factor
- Up to 75% loan-to-value – Case by Case Basis
- Loan amounts to $400,000 ($400,000 + on a Case by Case Basis)
- Investor and Owner Occupied financing
Don’t hesitate to CALL NOW @ 707/523-2099 so we can help rescue your Homebuyers today!
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.