800+FICO Borrower Seek No Doc $390K Residential Investment Loan at less than 7% in OR
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  1. #1
    Senior Member Reputation points: 20465 Fundyman's Avatar
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    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.

  2. #2
    Senior Member Reputation points: 258
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    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."

  3. #3
    Senior Member Reputation points: 7360
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    Aug 2015
    Location
    Boulder, CO
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    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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