
"Wholesale Hard Money or Private Money Mortgage Lenders"
Wholesale Lenders - Get listed below! Click Here!
Income from abroad ok, Co-op and Condotel accepted
Program does not allow loans in Az. Mo. Or cash out in Tx.
70% Max Loan on 1.5 million plus, with the ability to loan at 90% with additional collateral or securities to raise the LTV or loan amount.
Terms will be 2% over the six month LIBOR index, with the ability to lock the rate or add a cap or call option to the loan to hedge the LIBOR index for any term, 5 yr fixed and 10 yr fixed available.
Qualifications
Income, business and or personal must support the loan or cash flow to service the debt. ( this works for your stated self employed borrowers)
Must have cash reserves, or post closing reserves of 500K.
Must show a Bio to support the client as a high net worth borrower.
To Submit:
Send the Harbour CIS Form for approval, first.
(If accepted) send the 2 yrs returns business and personal, credit, appraisal, fannie mae file, and asset statements.
For all programs, originators are paid on disclosures, affiliation agreements are available as well.
For more details and answers to commonly asked questions, see the links below.
http://www.harbourequitypartners.com/q&a.html
http://www.harbourequitypartners.com/productupdates.html
We offer: (CALIFORNIA PROPERTIES ONLY)
NO MINIMUM CREDIT SCORES
NO APPRAISALS (Case by Case)
NO PREPAYMENT PENALTY
ALT-DOC/EASY QUALIFING FOR SELF-EMPLOYED BORROWERS
LOAN AMOUNTS $30K TO $150K
MAX LTV/CLTV - 65%
FORECLOSURE / BK - OK
LOW INTEREST ONLY PAYMENTS FOR 7 YEARS
RESIDENTIAL (1-4 Units), Multi-Family & COMMERCIAL
CASH OUT FOR BOTH OWNER & NON OWNER PROPERTIES
1st, 2nd and 3rd Trust Deeds
HELOCS
LOANS CLOSED FAST (3 TO 5 DAYS)
GENEROUS BROKER REFERAL FEES
Please contact me with any loan scenarios.
Best Regards,
David M. Rikelman
VP, Account Management
Lakeside Financial, Inc.
24331 Muirlands Blvd.,#4311
Lake Forest, CA 92630
D.L. 949-297-4180
Fax: 949-768-6363
Email: david@nofico.net
Website: www.nofico.net