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Unconventional Mortgages and Loans

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Super Jumbo Construction Loans

Super Jumbo Construction Loans – Guidelines and Highlights. Below is a list of some of our “Super Jumbo” Construction loan programs.

Let us know if you have any questions by calling Customer Service 800-718-8906 to speak to a Mortgage Expert or see our a Pre Qualification form – No Crerdit Check Form above.

Super Jumbo Construction Loan Programs

California Hard Money Jumbo – 80% LTV

Jumbos, Super Jumbos, and Cash-Out – 600 Credit Score

Second Mortgages also Available. Private Money Lender, southern California based with LTVs up to 80% on Investment properties all throughout California. Airbnb rental income, OK. Direct lender out of Irvine California focusing on value-add residential, commercial and Business Purpose mortgages.

Super Jumbo Loan Amounts to $30,000,000

** 80% LTV Hard Money

LTVs are based on borrower’s real estate experience, type of transactions, subject property location, county and zip code, and the overall credit profile of the borrower.

Income, Liquid Assets and Employment

No personal income verification. Liquid Assets for Reduced Investor Pricing and Underwriter Guideline Exceptions.

Loan Scenario Form – Credit Check Not Required

Eligible Property Types

Single Family Residence Attached, (SFR-A), Single Family Residence Detached, (SFR-D), 2-4 Units, 5+ Multi-Family Units, Townhomes, Condominiums (<9 stories), Townhomes, PUD.

Available Terms

Short-term 6-18 months. 2 year and 3 year, and 7 year ARMs are also available for long-term rental investors. Interest-Only (I/O) available on all terms. Pre-Payment options are available for reduced pricing.

Loan Program Benefits

Inhouse control: Servicing, Fund Control, 5-Day Close

Available in the Following States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin.

12 Month Bridge Loan

12 Month Bridge Program

Lending Partner with the Flexibility to Deliver Results

12 Month Bridge Loan allows Borrowers Access to the Equity in their Property Before it is Sold.

Occupancies: Primary Residence, Second Homes, and Investment Properties

Property Types: SFR and 1-4 Units

Highlights:

No Tax Returns and No 4506-T Form

Underwriting Flexibility -Including no requirement for business tax returns.

Higher DTI Ratios Considered

Great take-out financing for construction loans, or hard Money for Investors

Commercial and Income Property Lending

Interest Only Available

Vesting: Trust, Sub S Corporations, LLCs, and Partnerships

Loan Amounts: $500,000 -$30,000,00

660 Minimum Credit Score

65% Maximum LTV

Available in the Following States:

Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Illinois, Iowa, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Minnesota, Missouri, Nevada, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wisconsin.

Hard Money Loans

Hard Money Loans

Our mission is to help individuals, investors, builders, developers, foreign nationals, and all legal entities including foreign legal entities obtain alternative real estate financing options to assist in a diverse real estate market (usually understood as Hard Money loans). We are a unique Hard Money Loan service for a variety of real estate transactions, including investor purchase loans; refinance cash out option; new construction; second trust deeds; third trust deeds (Hard Money); refinance loans for primary and investment properties; fix and flips; rehab projects; probate properties; rental properties’ non-warrantable condos; mixed-use; mobile manufactured homes; rural area properties and unconventional properties such as what are called ultra-modern properties that lack traditional ‘comparables’. We also have programs for other types of properties including ‘log’ and ‘dome’ homes.

Contact a Loan Officer

Hard Money Lending

We have equity-based portfolio lenders, direct money lenders, and banks that offer soft money, sub-prime and non-prime loan programs including Small Business Loans and alternative-equity-financing options; our Hard Money division is on pace to do over 160 hard money loans this year. Our Hard Money mortgage loan department is a network of 39 individual Equity-Based lenders; Hard Money lenders/ Private Money lenders that will fund any reasonable loan scenario.

Hard Money Experience

There are many advantages of working with an extraordinary Mortgage Broker as Hard Money Mortgage Brokers can provide special services: a fast and efficient funding experience with easy terms and limited conditions. Some additional benefits of working with a Hard Money broker include a wide range of loan programs that come with the lowest pricing the market can offer. If a borrower is in the market for a hard money loan, they might get approved for a Soft Money loan program with a lower rate with a 5-year interest-only feature without a pre-payment penalty, as one example.

Seasoned Real Estate Investor niche: some Hard Money/Private Lenders like working specifically with seasoned real estate investors. These guideline criteria can be quantified or qualified by the number of years or number of transactions undertaken by the borrower. For example, some lenders want to lend only to real estate investors that have completed more than 3 transactions, and some will not touch a real estate investor with less than 3. A further example is that some Hard Money lenders will not lend in an urban area and some will not lend in rural areas. When a lender requires a niche, they also, in turn, will provide discounted pricing, thus benefitting the consumer.

Hard Money Lender Network

Ongoing relationships in this cutting-edge industry are developed over time and with funded loans. We have lenders that will look at almost any loan scenario and we also have lenders that specialize in various loan scenarios, many that are Hard Money and as well, traditional financing. These Hard Money lenders are driven by private investor money, typically referred to as Hard Money or Private Money loans. This borrowing capital comes from special interest segments of the market that are pursuing specific criteria loan scenarios. Loans that meet specified criteria can receive discounted pricing from the lender. For example, if a Hard Money lender has an 11% standard interest rate, that rate will go down for every loan scenario criteria that meets their desired guideline structure.

Stated Income Jumbo Construction Loan 10-Million

Home Builder Construction Loan Program | Forms 4506-T and 4506-C Not Required

This is a short-term construction loan for home builders for subject properties located in Arizona, California, Colorado, Idaho, Illinois, Michigan, North Carolina, South Carolina, Ohio, Oregon, Texas, Utah, and Washington.

Stated Income goes to 10 Million

* 70% LTV (loan-to-value)

* 85% LTC (loan-to-cost)

Loan Amounts:

* Maximum Loan Amount – 1 Million

* Minimum Loan Amount – 50K

Available Terms:

* 4 months

* 6 months

* 9 months

* 12 months

Shorter-term – lower cost

Blanket Loan available

Construction Completion

Draw Disbursement

Eligible Property Types:

* Single Family Residence SFR

* 2 Unit

* 3 Unit

* 4 Unit

Occupancies:

* Owner-Occupied and Non-Owner-Occupied

Eligible Borrowers:

* Business Entities – Yes

* Foreign Nationals – Yes

Underwriting Notes:

Lender qualifies the lowest middle credit score of both borrowers

Available in the Following States:

Alabama, Arizona, California, Colorado, Florida, Georgia, Hawaii, Illinois, Iowa, Kansas, Louisiana, Maine, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Virginia, Washington, and Wisconsin.

Investor Loan – No Doc

No Income No Asset Verification – Forms 4506-T and 4506-C Not Required

Foreign Nationals – OK

Unique mortgage loan program designed for the Residential Real Estate Investor.

Income Documentation: None

Employment Status: N/A

Employment Type: None

Employment Documentation: None

Nationwide Private Mortgage Lender

This is a Private Money lender that has funded thousands of loans nationwide.

Private direct lender specializing in Single Family Residences up to 1-4 units. Multiple loans for investors in all 50 states, One of the good things about this lender is they have over 25 years of real estate investing experience; they know how to underwrite a loan because they understand the residential real estate investment market because they themselves have bought and resold nearly 15,000 homes and have originated more than 4200 loans since they were founded in 2002; loans for investors, by investors.

This is a true No Doc hard/soft money lender with national reach. No Income. No-Assets. No Employment. And now we dance. Closing’s average 10 to 15 business days from application. Loan amounts down to $125,000 and up to $300,000, all No Doc and greater than $300,000 on a case-by-case basis.

Credit Scores and Hard Money

Credit scores down to 580 or no score ok. Foreign Nationals also qualify. An investor can utilize this loan program for either a purchase or refinance. 30-day seasoning for cash out using new appraised value.

This is a direct lender, and they make all decisions in-house with over $200,000,000 to lend. They also offer 3-year terms for borrowers with longer-term projects as well as traditional bridge funding. An investor can close in a natural person’s name or business entity.

This loan program only requires an application, payment for the appraisal, 2 forms of ID and or corporate documents if applicable, title commitment and homeowner’s insurance.

Loan Program Guideline Overview and Highlights:

No Prepayment Penalties

Information on “C” Property Rating:

http://www.freddiemac.com/singlefamily/sell/docs/uadreqs.pdf

Loan Purpose

Purchase

Cash out refinance – 30 days Seasoning Required

Credit Scores

580 or No Credit Score OK

Pricing is Credit Score driven

Credit Criteria

Bankruptcy – OK

Foreclosure – OK

Short Sale – OK

Loan Modification OK

Loan Amounts: $5,000,000

Minimum Loan Amount: $125,000

Maximum Loan Amount:

Greater than $300,000 on a Case-by-Case basis

Maximum LTV

70%

LTV guidelines are based on the After-Repair-Value (ARV)

Property Types:

SFR

1-2 Units

1-4 Units

Available in the Following States:

Alabama, Arizona, California, Colorado, Connecticut, Delaware, Florida, Georgia, Idaho, Illinois, Indiana, Iowa, Kentucky, Massachusetts, Minnesota, Mississippi, Missouri, Nevada, New Hampshire, New Jersey, New Mexico, North Carolina, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, and Washington.

540 061715 21-9-19

Hard Money 5-Million Owner Occupied

This hard money lender will do primary residential loans which are somewhat rare.

Similar to a Business Purpose Mortgage Loan

Purpose: Purchase, Refinance, and Rate & Term and Cash out, Refinance – Cash Out in hand $2,000,000, Construction, Bridge Loan, Blanket Loan

Jumbo Loan Amounts: $125,000 to $5,000,000

This hard money lender will do primary residential loans which are somewhat rare. This program is Similar to a Business Purpose Mortgage Loan

Eligible property types: Single Family Residence SFR, 1-4 Unit residential, Condo, commercial

This hard money lender specializes in providing primary residential loans, a unique offering within the lending industry. These loans mirror the features of Business Purpose Mortgage Loans, catering to a variety of purposes including purchase, refinance, rate & term adjustments, and cash-out refinancing. With a maximum cash-out refinance limit of $2,000,000, borrowers have significant flexibility in accessing their equity.

In addition to primary residential loans, this lender offers financing options such as construction loans, bridge loans, and blanket loans, with loan amounts ranging from $125,000 to $5,000,000. This diverse array of loan products allows borrowers to address various financial needs effectively.

Eligible property types for these loans include single-family residences (SFR), 1-4 unit residential properties, condos, and commercial properties. This comprehensive eligibility criteria ensures that borrowers can utilize these financing solutions across a wide range of property types, making them a versatile option in the lending market.

Jumbo Loans

Construction Loans

Category

All Loan Programs