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04-26-2024, 03:56 PM #1
- Join Date
- Mar 2021
- Posts
- 48
Steve is half right, you need to be licensed if doing an OO property. Here are the guidelines for states you can book NOO deals in with no license. You can go private money on OO if 51% of the loan amount is for business purpose and term not to exceed 12 months.
Nobody is taking a 5 year prepay in this market.Last edited by FundNonPrime; 04-26-2024 at 04:20 PM.
Andrew Goldthorpe
Desk 707.521.0911
NewPoint Mortgage Wholesale
Andrew.Goldthorpe@NewPointMortgage.com
NewPointMortgage.com
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