Construction / 12 Month 697 Credit
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  1. 10-11-2017, 01:22 PM #1
    ryan $
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    Construction / 12 Month 697 Credit

    1st Position - Who goes out 12 Months on Construction Deals?

    Offer I need to Beat is 35k 1.31 12 Months

    Ill Slide to nothing, I don't Care.
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  2. 10-11-2017, 01:26 PM #2
    LYC
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    Depends on the type of construction they do...
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  3. 10-11-2017, 01:30 PM #3
    ryan $
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    Quote Originally Posted by LYC View Post
    Depends on the type of construction they do...
    Residential Concrete work (We have a 6 Month approval for 60k) He only needs 35k and has an offer for 12 Months (as described above) we need to compete with
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  4. 10-11-2017, 01:34 PM #4
    LYC
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    Check your PM
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  5. 10-11-2017, 01:53 PM #5
    Nikkiclean06
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    Quote Originally Posted by ryan $ View Post
    1st Position - Who goes out 12 Months on Construction Deals?

    Offer I need to Beat is 35k 1.31 12 Months

    Ill Slide to nothing, I don't Care.
    Whats the Fico
    Premium Pricing which is 700+ Buy rate is 1.25
    Standard Pricing: 1.27
    but it will get done at 12 months
    not direct and not willing to give up the source.
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  6. 10-11-2017, 02:00 PM #6
    ryan $
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    Quote Originally Posted by Nikkiclean06 View Post
    Whats the Fico
    Premium Pricing which is 700+ Buy rate is 1.25
    Standard Pricing: 1.27
    but it will get done at 12 months
    not direct and not willing to give up the source.
    697 Credit - as listed.
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  7. 10-11-2017, 02:26 PM #7
    WestCoastFunding
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    BFS. Credibly?

    Surprised Marcus has shown enough discipline to not jack the thread (yet).
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  8. 10-11-2017, 02:29 PM #8
    Kevin Henry-Seacoast
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    Quote Originally Posted by WestCoastFunding View Post
    BFS. Credibly?

    Surprised Marcus has shown enough discipline to not jack the thread (yet).
    Facebook went down today and he's in panic mode.....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426
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  9. 10-11-2017, 05:59 PM #9
    johndough17
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    Quote Originally Posted by ryan $ View Post
    697 Credit - as listed.
    If he has less then 5 negs a month,

    I'll get you 100% of his average monthly deposits, over 12 months, weekly, 1.25 BR, no closing costs deducted (service fee).

    We can make 12 to 15 points, co broker. If you're interested, let me know.
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  10. 10-11-2017, 08:01 PM #10
    ryan $
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    Sold. 1.28 12 Month. 2% Fee Sheet.

    And an LOC for his future needs he can draw on.

    Thanks. No more Messages.
    Last edited by ryan $; 10-11-2017 at 08:03 PM.
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  11. 10-11-2017, 08:03 PM #11
    ryan $
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    Quote Originally Posted by johndough17 View Post
    If he has less then 5 negs a month,

    I'll get you 100% of his average monthly deposits, over 12 months, weekly, 1.25 BR, no closing costs deducted (service fee).

    We can make 12 to 15 points, co broker. If you're interested, let me know.
    Sounds Like where I got it done.
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  12. 10-11-2017, 11:23 PM #12
    johndough17
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    Quote Originally Posted by ryan $ View Post
    Sounds Like where I got it done.
    what was the max upsell amount and closing costs? curious to know if we use the same lender.
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