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skyminor

116 Posts

Posted - 08/26/2008 :  2:10:00 PM
Hello, this borrower is getting a 275k condo in L.A. and opening another of his restaurants here. Has tons of cash but no social security #. Requests 70% LTV Anyone out there? Emigrant does not do the west coast.
PBFinancial

410 Posts

Posted - 08/26/2008 :  4:08:32 PM
I would do hard money if they put down 40%.


Pouyan Broukhim
PB Financial Group Corp
310-289-0900 x 102 Office
866-318-4471 Direct Fax
pbroukhim@pbfinancialgrp.com
stanshaw

41 Posts

Posted - 08/26/2008 :  8:13:31 PM
Up to 100% LTV**

No US Residency Requirement!

4.5% current Rate!

**Full Doc !

NO Credit Report!

**No Minimum Score!

NO property maximum!

No Pre Pay Penalty!

**Payments made in arrears!

Refinance or Purchase Money

Available for 1-4 fam Non Owner

Second / Vacation Homes

Mid to Hi Rise Condos
No occupancy Ratios!

Special Features: **Cross Collateralization to help offset highly leveraged inventory to facilitate refinances AND “pledged assets” (with interest income) in place of down payments for “smart” purchase money loans. For mot information or to request a broker application please Contact
Stan Shaw by phone at (508) 308-7511 or email at stansloans@aol.com

• Applicable states: NY, NJ, CT, FL, CO, NV, WA, HI, CA & OR
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