This hard money lender will do primary residential loans which are somewhat rare.
Similar to a Business Purpose Mortgage Loan
Purpose:
- Purchase
- Refinance, Rate & Term and Cash out
- Refinance - Cash Out. $1,500,000 Maximum
- Construction
- Bridge Loan
- Blanket Loan
Loan Amounts: $125,000 to $5,000,000
Eligible Property Types:
- Single Family Residence SFR
- 1-4 Unit residential and commercial
- Condos
- Townhomes
- Non-Warrantable Condominiums
- Mixed-use
Eligible Occupancies:
- Owner Occupied
- Non Owner Occupied
- Non-Occupant Co-Borrower OK
Eligible Borrowers:
- Foreign Nationals
- Foreign Legal Entities
- Probate OK
Underwriter Notes:
No Seasoning Requirements for Foreclosure, Bankruptcy, Short Sale, Notice of Default, Notice of Sale
States:
Arizona | Alabama | California | Colorado | Florida | Georgia | Illinois | Lousiana | Maine | Maryland | Mississippi | Nevada | North Carolina | Oregon | Pennsylvania | South Carolina | Texas | Virginia | Washington
Reference# - 44154