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08-08-2017, 03:48 PM #1
800+FICO Borrower Seek No Doc $390K Residential Investment Loan at less than 7% in OR
Anyone have an idea where I can get this done quickly? My client already signed their purchase-sale agreement, but the rate I got from this lender is way too high for them, apparently...
I'll make this brief:
Purchase amt: $520,000
Loan amt: $390,000 (or more, if you can, so less down payment)
FICO: 787+
Term: 30 yrs am preferred. No less than 15 yrs
Doc type: NO DOC
Location: Oregon
Broker pts: 2
Send PM preferably, pls. Replies are fine though.
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08-09-2017, 08:56 AM #2
- Join Date
- Jun 2017
- Posts
- 119
From a affiliate of mine, "If he qualifies, I can do as low as 7.20% for 30 years
Or 6.99% 30 years amortization with 5 year term."
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08-11-2017, 05:57 PM #3
- Join Date
- Aug 2015
- Location
- Boulder, CO
- Posts
- 755
Fundyman - If you are looking for quick...he is going to be in that range.
If the property and credit are good, I can get to the 7% range. 3 year term, 30 year amortization. At least it can get him into the property then he can refi later.
Let me know if you would like to discuss.
Best,
Dan Page
Boulder Equity Partners
Direct: (303) 938-8280
dan@boulderequitypartners.com
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