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jeff@reliancelen
33 Posts |
 Posted - 08/26/2008 : 3:29:38 PM
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Is any investor agressively pricing Non Owner occupied SFR's? I just had a call from a refferal source that is looking for a Rate and term refi on a Non Owner Occ property. Great FICO's, should be great income.
They are a Realtor and the property is in Montana.
Thanks. |
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mdietz
231 Posts |
Posted - 08/26/2008 : 3:37:28 PM
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We all are.....lol
Call/Email with complete scenario for pricing - include zip codes.
MAX 4 financed properties.
Michael Dietz
Account Executive
Dream House Mortgage Corporation
401-262-5623
mdietz@dhmc.com
WE CLOSE GOOD LOANS FAST!
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stanshaw
41 Posts |
Posted - 08/26/2008 : 8:15:42 PM
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were not in MT yet but our program kicks
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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bragloans
37 Posts |
Posted - 08/26/2008 : 8:19:35 PM
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| Stan do you have a link to a rate sheet? |
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peter
4543 Posts |
Posted - 08/26/2008 : 9:29:18 PM
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ICON Residential Capital has a stated non-owner loan program.
I got their flyer today.
Peter
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jeff@reliancelen
33 Posts |
Posted - 08/27/2008 : 09:42:54 AM
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I saw ICON had a stated investment, that's pretty amazing. We just got set up with them and closed one last month, ICON did everything they said they would and our Rep Justin Smith was fantastic, really went to bat to get the deal through.
Thanks for the Input. |
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