40 year interest-only loans are very popular options! Realtors and Borrowers, email Stanley@loansuperstore.com for more information. We just obtained an approval for a $2.8 million cash-out refinance on a $10million home. Advantage was that the loan was underwritten on a 30 year term which resulted in the borrower qualifying for a higher loan amount. Also… [Read More]
Loans, Loans, Loans. We do Loans! We just closed a 90% jumbo condo purchase. The borrower chose to pay mortgage insurance as they felt they would be able to pay their loan down to 80% within a few years and they negotiated a great price. The appraisal came in above the purchase price, which appraisers… [Read More]
We fund and refi borrowers out of hard money loans Let us refinance you out of a hard money loan, owner occupied or investment property We have a wide array of loans designed to payoff hard money loans: Lower payment 30 year loan terms Credit Scores as low as 540 No Income Tax Returns Bank… [Read More]
Seasons Greetings my friends, and we wish you fun, health and happiness for the New Year! We offer the most awesome loan program for those of you who are self-employed and can’t show tax returns or many bank statements to obtain a real estate loan. One-Month Bank Statement program: • Self-Employed Borrowers; • Borrower States… [Read More]
I am pleased to announce the most aggressive stated income loan program for owner occupied single family residences or condos to date. 75% LTV on purchases to $3,00,000 for self-employed borrowers. Unlimited cash-out! Show only one bank statement and state a reasonable income for your occupation. You must be able to prove that you have… [Read More]
Our cash-out rate on Fannie Mae and Freddie Mac high balance (county specific but to $636,150 in Los Angeles County) has improved as we are able to suspend the normal 1 point add-on for cash out on this program. This translates to a rate improvement of approximately .375%! So if you have not refinanced your… [Read More]
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