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202loanofficer
73 Posts |
 Posted - 05/22/2008 : 10:33:37 AM
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Hard money lenders, heres the scenario:
Non owner occupied
65 ltv
cash out refi
609 FICO
265,000.00 loan amount
I need to know what the rate would be, the points you charge, and your pre-payment penalty, if applicable. |
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hardmoneyfunds
58 Posts |
Posted - 05/26/2008 : 12:11:17 PM
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If your client can work with a 50% LTV, then we may be able to help you.
We are private hard money lenders and we service DC, Maryland and Virginia (the DC Metro area). Our loans are based strictly on equity. We offer a true no-doc program (no credit report, no 1003, no tax returns, no bank records). Program highlights:
- Six month balloon, no monthly payments
- Twelve month balloon, monthly payments required
- Non-owner occupied properties only
- 14% simple interest
- No prepayment penalty
- No appraisal
If interested, please contact me at your convenience.
Georges Franco
(202) 595-5472 Tel
(877) 720-7409 Fax
gfranco@applyforhardmoney.com
www.applyforhardmoney.com
Hard Money Loans for Real Estate Investors
Residential / Commercial / Land / New Construction
DC Metro area (VA, MD, DC) |
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privatelender4u
173 Posts |
Posted - 05/28/2008 : 09:03:14 AM
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| I might be able to help. What part of MD? |
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202loanofficer
73 Posts |
Posted - 05/29/2008 : 11:42:57 AM
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| The property is in Rockville,MD |
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privatelender4u
173 Posts |
Posted - 05/29/2008 : 2:30:08 PM
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Call me at 407-590-4109. We probably can do it.
Charles |
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admin@mortgagesh
11 Posts |
Posted - 06/03/2008 : 2:14:48 PM
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| Send details of propert - stats / photos / appraisal inf etc., If LTV is true, We can provide Letter of Intent within 24 hours. |
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HardmoneyExpert
8 Posts |
Posted - 06/08/2008 : 3:00:44 PM
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| I want this file. This is ALL DAY for me. 12-15% 4 points. Fund in 5 biz days. |
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duck36
25 Posts |
Posted - 06/13/2008 : 08:41:28 AM
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| Emailed you, duck.36@hotmail.com |
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