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lemeuss

614 Posts

Posted - 05/02/2008 :  09:04:36 AM
Have about 50 contracts on loans, all borrowers have assets, income, etc, otherwise perfect loans...need foreign national programs NOT under hard money terms......

some of these are condotels, which causes more difficulty...some of these condo's are 325 sq ft.

others are SFR's and normal loans aside from them being foreign nationals.

Any lenders out there still working w/these?

Properties are in Florida, and have good comps
directcap7

59 Posts

Posted - 05/02/2008 :  11:37:59 AM
I can help you, I am the senior account executive here. Email me please. Thank you.
d and d

95 Posts

Posted - 05/16/2008 :  08:01:49 AM
Depending on which states. I can go up to 75%.
30 year fixed
No pre-pay.
Rates in the low 7s, paying you yield.
Can't do the condotels though.

Al Vargas
SouthTrust Funding
800-304-6188 X190
avargas@southtrustfunding.com
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