JazzTouch42
10-23-2007, 09:26 AM
Several lenders have dropped this program due to capital market situations,but i have a lending group that still will provide these types of loans.
***Consolidate your refinance loans or use for multiple purchases also.
*This is a commercial product that can be closed in a LLC..
*Removes liabilities from personal credit
*Frees up purchasing power due to Fannie Mae 10 property max.
*Can be used for commercial properties--both refi and purchase
*Minimum credit score of 650 with rates starting at 7.25% and 80%LTV Max
*Min Loan amount $1Million.No number of property minimums
You must be the direct Principal Owner/Borrower,no exceptions.
Don C.
***Consolidate your refinance loans or use for multiple purchases also.
*This is a commercial product that can be closed in a LLC..
*Removes liabilities from personal credit
*Frees up purchasing power due to Fannie Mae 10 property max.
*Can be used for commercial properties--both refi and purchase
*Minimum credit score of 650 with rates starting at 7.25% and 80%LTV Max
*Min Loan amount $1Million.No number of property minimums
You must be the direct Principal Owner/Borrower,no exceptions.
Don C.