Couple willing to put up their house as collateral
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  1. 01-25-2016, 12:46 PM #1
    prosperity
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    Couple willing to put up their house as collateral

    Company has a lot of NSF's, 30k in monthly deposits and 120k in equity in their house. I am looking for a lender that is willing to take collateral for a 30k loan in California.
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  2. 01-25-2016, 12:50 PM #2
    rick_clsfunding
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    WBL...Zach?
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  3. 01-25-2016, 12:52 PM #3
    FUNd
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    WBL...who's going to be the 1st guy in?
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  4. 01-25-2016, 01:12 PM #4
    HDF
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    I'll take Pepe as a longshot at 12-1. Zach is at 5-2
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  5. 01-25-2016, 01:13 PM #5
    Eagle Funding
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    Thumps up if its Zach
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  6. 01-25-2016, 01:22 PM #6
    FUNd
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    Quote Originally Posted by HDF View Post
    I'll take Pepe as a longshot at 12-1. Zach is at 5-2
    I'll take that action.
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  7. 01-25-2016, 01:23 PM #7
    Zach
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    Hey team,

    I am here and ready to process this transaction. Please send the application & bank statements to submitorange@wbl.com and CC me at zramirez@wbl.com

    Thank you
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801
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  8. 01-25-2016, 01:28 PM #8
    FUNd
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    Pepe was asleep at the wheel. ZR comes through on his odds.
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  9. 01-25-2016, 01:30 PM #9
    J.Celifarco
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    Quote Originally Posted by HDF View Post
    I'll take Pepe as a longshot at 12-1. Zach is at 5-2
    I would definitely box that exacta.. Maybe play the
    triple
    Zach,Pepe/Zach,Pepe/All
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com
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  10. 01-25-2016, 01:33 PM #10
    AndyYSCISOdept
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    Quote Originally Posted by J.Celifarco View Post
    I would definitely box that exacta.. Maybe play the
    triple
    Zach,Pepe/Zach,Pepe/All
    Zach to win, Pepe to place, and PMoney to show, All for the superfecta boxed

    For the record I threw out every horse racing gambling term I knew right there,
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  11. 01-25-2016, 01:35 PM #11
    FUNd
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    This is too funny.
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  12. 01-25-2016, 02:25 PM #12
    CpepeWBL
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    Hah sorry guys, I was just in the show room polishing my triple crown. I'll be there for the next one
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  13. 01-25-2016, 03:17 PM #13
    prosperity
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    Unfortunately... WBL has dropped the ball! I've been speaking to Arielle and she said it's not a deal for you guys.
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  14. 01-25-2016, 03:18 PM #14
    Funder Mark
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    Call Zach directly, and then let us know what happened.
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  15. 01-25-2016, 03:24 PM #15
    FUNd
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    Quote Originally Posted by prosperity View Post
    Unfortunately... WBL has dropped the ball! I've been speaking to Arielle and she said it's not a deal for you guys.
    Why? Sounds like a WBL deal all the way.
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  16. 01-25-2016, 03:32 PM #16
    Funder Mark
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    Unless they do not own the house free and clear, can that be a problem?
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  17. 01-25-2016, 03:54 PM #17
    Zach
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    Quote Originally Posted by Funder Mark View Post
    Unless they do not own the house free and clear, can that be a problem?
    We lend up to 75% LTV, so if there is $120K equity on a $1.5MM property or something similar we can't fund it.

    Easy way to calculate our CLTV for residential property in a good area:

    Minimum Loan Size = (.65 x value) - debt
    Maximum Loan Size = (.75 x value) - debt

    Above formula capped at 3X monthly revenue.
    Zachary Ramirez – CEO
    Phone: 562-391-7099
    Email: zach@zacharyjosephramirez.com

    1661 N. Raymond Ave #265
    Anaheim CA 92801
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  18. 01-25-2016, 04:53 PM #18
    HDF
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    Both Zach and Pepe are out on steward's inquiry. Shaw is just finishing now and collecting the purse.
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