Results 1 to 5 of 5
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02-07-2019, 11:55 AM #1
Hard Money Loans Under Typical 12% I/O Rates, REGARDLESS OF FICO. Who Does It?
If a borrower has scores above 600 FICO, which hard money lenders can do 8-9% rates & still close fast?
Anybody know? It's annoying that most hard money lenders only do 12%.
Those who do less want 650+ scores, and once the scores are lower, we have 50% LTV...
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02-07-2019, 12:06 PM #2
Where is the property and loan amount/value?
Jonathan Kohanoff
B.R.E. #01962090
Diamond Business Loans
Beverly Hills, CA 90211
jon@diamondbl.com
www.DiamondBL.com
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02-07-2019, 12:11 PM #3
- Join Date
- Feb 2017
- Posts
- 3,463
If it's so annoying, and you disagree with their underwriting process, make your own firm and lend and do the lending yourself ;-)
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02-07-2019, 12:20 PM #4
- Join Date
- Jul 2014
- Location
- Jackson Hole Wy
- Posts
- 732
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02-08-2019, 10:25 AM #5Jerry Starr
Insource Funding
433 Plaza Real,
Boca Raton, Fl 33432
P: 800-805-3391 Fx: 561-270-6895
insourcefunding.net
WHAT WOULD YOU DO " IF " YOU HAD THE CAPITAL
◆ 50% LTV - No Fico Required
◆ 90% CLTV on Purchases
◆ Investment Residential / Commercial Properties
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