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jstepter

44 Posts

Posted - 05/30/2008 :  12:23:50 PM
BrokerOutpost
I have tough one. I have client that owns 10.9 acres with almond producing trees on 8 of the acres and they live in a permament mounted modular home on the property.
Need a loan for $250,000 Refi/ Cash Out 60 LTV. Strong credit SE Northern California.

What is the best solution. Is this a agri loan or commercial?
Jay Stepter
samwillsonbiz

194 Posts

Posted - 05/30/2008 :  12:36:20 PM
quote:
Originally posted by jstepter

BrokerOutpost
I have tough one. I have client that owns 10.9 acres with almond producing trees on 8 of the acres and they live in a permament mounted modular home on the property.
Need a loan for $250,000 Refi/ Cash Out 60 LTV. Strong credit SE Northern California.

What is the best solution. Is this a agri loan or commercial?
Jay Stepter


We can do this Agri. LTV is good, FICO needs to be above 660.
Call or email me.

Sam Willson
Vice President of Sales

PH: 408-252-LOAN (5626)
FAX: 800-788-1943
CELL: 214-966-1864
sam@renoak.com
http://www.renoak.com

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