I have a potential client whom just purchased a home with 85,000 borrowed cash a couple weeks ago. The house will appraise for 110,000 and he is wanting to re-fi and pay off the individual that loaned the money and cash-out the difference. Question??? Can we go off the appraised value for this scenerio or [...]
Texas Loan, self employed less than a year, 2×30 mortgage, every other tradeline is perfect, 627 mid fico, OO, good assets, same line of business for 12 years. Prefer a no prepay penalty. Who can do this loan.
Mid fico 627, 2×30 Mortgage, No Prepay, 40K purchase price there about, 40K liquid assets, same line of work 12 years, no bank statements or DBA, you can call and get the listing for the business on information 1411, he has a certificate of occupancy in the business name and a building permit, and he [...]
Anybody know of a true hard money lender doing loans in Texas. Had a rehabber call me, says he needs 4 of these a month. Says he can refer 3 more rehabbers to me. Here’s what he needs, he needs a lender willing to lend up to 65% of AFTER REPAIRED VALUE. He is buying [...]