welowe
435 Posts |
 Posted - 01/23/2008 : 1:43:36 PM
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We make short term loans to investors who purchase and rehab existing single family detached homes for sale or lease in 27 states including MN.
Loans up to 74% of ARV including interest and fees. Purchases only, no seconds, cash outs or refi’s. Rate 13.88% plus 5 points (18% plus $1000 available on loans under $100,000). Closing about 3 weeks.
Loans from $48,500 - $250,000. Metro areas only. NOO only. Minimum FICO 625. Minimum purchase $30,000. Minimum down payment 2-10% of purchase price.
For full program details, including FAQ’s, online pre-approval and application, please visit www.pleaseclose.com/welowe or give me a call.
William E. Lowe
Partner
InvestWell
972-889-7323 X140 (o)
214-530-8230 (f)
welowe@umth.com |
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