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Polemarc
5 Posts |
Posted - 02/27/2008 : 09:18:15 AM
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| Do anyone know of a commercial lender for multi-family purchases that will utilize the Purchase Pros down payment assistance program in the State of Michigan? $950k Sales Price...Buyer high 600's FICO. |
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EMScommercial
5138 Posts |
Posted - 02/27/2008 : 2:09:28 PM
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nope....
maybe elkton mortgage can help you.... oh wait.... you all have had your differences....
anyway....
i really don't know of anyone that would do what you are asking... have a nice day.... |
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knagi
374 Posts |
Posted - 02/27/2008 : 8:49:13 PM
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Please contact me with any current loans you may need our assistance. **Our minimum FICO requirement is 600 on both stated and full doc programs
**Our minimum loan amount is $100,000 and maximum of $2,000,000 on stated and $6,000,000 on full-doc
**Our maximum LTV on stated is 85% and the maximum LTV on full doc is 85% and possibly 90% with a strong file on selected properties
I am encouraging you to use these great rates and discounts to your advantage ……
***No up front fees
*** No Origination
***Fast Closings
***low rates
*** will pay up to 2% YSP
All I need to process this file and give you a pre approval
** 1003
** Credit Report
** 2 yr tax returns (Personal and Business) only if we are going full-Doc |
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mortgagemessiah
8003 Posts |
Posted - 02/27/2008 : 9:05:01 PM
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quote: Originally posted by Polemarc
Do anyone know of a commercial lender for multi-family purchases that will utilize the Purchase Pros down payment assistance program in the State of Michigan? $950k Sales Price...Buyer high 600's FICO.
I asked 4 friends of mine who work for non-profit housing groups there and none of them had ever hear of it. If the DSCR is good I can help you if the client wants to put 10% down. |
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nbrunette
349 Posts |
Posted - 02/28/2008 : 08:50:14 AM
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I could possibly help you with this loan. I need more information from you to give you an accurate rate andd terms.
Nissa Brunette Wholesale Account Rep Amerlender Financial 303-755-5521 direct nissa@amerlender.com www.amerlender.com
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