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Sandiegolender

40 Posts

Posted - 04/09/2008 :  2:32:30 PM
Are any lenders still doing construction wholesale in CA? Any suggestions are appreciated.
privatecash

1528 Posts

Posted - 04/09/2008 :  3:15:52 PM
We have a private investor that will go to 50% LTV SIVA in SoCal.
65% LTV possible with other property to cross.
Let me know if we can help.
Sandiegolender

40 Posts

Posted - 04/09/2008 :  3:18:13 PM
Thanks, but I am not looking for private money. We have 740+ Full Doc. Any ideas on conventional lenders is great.
JackGFG

1017 Posts

Posted - 04/09/2008 :  4:01:31 PM
Your local bank or credit union
The trick is not getting cut outta the deal

I used to work with

Community National Bank
Temecula Valley Bank

All of the true single close and "wholesale" lenders I used to work with have gotten outta the game
Sandiegolender

40 Posts

Posted - 04/10/2008 :  11:36:53 AM
Anything else???
ccbank

1206 Posts

Posted - 04/10/2008 :  11:43:20 AM
We do construction loans. Not wholesale but will collect your origination for you and pay from loan proceeds.
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