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kngodpns
102 Posts |
Posted - 05/14/2008 : 2:41:18 PM
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| Who does 'em? |
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privatecash
1760 Posts |
Posted - 05/14/2008 : 2:55:07 PM
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We have several private investors who can do super jumbo 2nds in CA. Email details for pricing. |
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ahoshmand
44 Posts |
Posted - 05/14/2008 : 6:21:15 PM
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Stonecrest does 1-5yr balloon 2nd term loans and lines of credit on non-owner residential from 100K-$1MM We also do commercial property 2nds (including owner-user) to $3MM, as a 1-5yr fixed term loan. The line of credit option is only available up to $1MM.
As a private mortgage portfolio, pricing on 2nds is usually 12-12.5% IO, plus points. I can send you some guidline information if this fits what you're looking for. |
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