I have a 585 beacon score. I've been given a great deal on some investment property, but don't have the 20% down payment that most companies require... I need help!
2006-06-26 11:22:06 · 5 answers · asked by ndothan 2 in Business & Finance ➔ Renting & Real Estate
I'm a licensed mortgage Banker in NY & NJ. I can do 100% financing on investment properties up to $1 Million. If the property is located in NY or NJ, feel free to email me with questions. bianca@slkmortgage.com
Good Luck!
2006-06-26 15:09:39 · answer #1 · answered by Anonymous · 0⤊ 0⤋
100 percent loan on investment property is tough - there are a few companys but they also look at your total packate - the 585 is workable - ok - do you have equity in your current home for 5 percent down and do a 95 percent loan....check out my website, and visit some of my links, also the many many states I lend in - ok Good Luck
2006-06-26 12:27:00 · answer #2 · answered by W. E 5 · 0⤊ 0⤋
Full Spectrum Lending, a division of Countrywide Home Loans works specifically with people that have less than perfect credit. Full Spectrum can work with potential borrowers that have credit scores of 500 and up, collections accounts, bankruptcies and CCCS.
They have several programs available. Go to Countrywide.com and click on the link that says "Less than perfect credit" or go to Fullspectrumlending.com.. you can also call 1-800-871-1756 or apply online
Good luck!
2006-06-27 11:09:09 · answer #3 · answered by mochalattedeluxx 2 · 0⤊ 0⤋
I may be able to assist you, I am a mortgage broker who works with over 100 lenders nationwide and offer several programs that will fit almost any situation.I specialize in Re-Fi's, Purchases, Home Equity Lines and Home Owners Insurance. Please feel free to contact me Jcorreahq@yahoo.com I will go through everything with you and answer any questions you may have about the process. This is at no obligation to you and if nothing else will educate you on how everything works and what you qualify for exactly! I look forward to hearing from you! ~Joseph Correa Licensed Mortgage Broker
2006-06-26 14:00:59 · answer #4 · answered by jcorreahq 2 · 0⤊ 0⤋
I lend in Louisiana and Alabama... what state are you in.
2006-06-26 12:08:10 · answer #5 · answered by lester 3 · 0⤊ 0⤋