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Posted: Friday, October 6, 2017 9:38 AM

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ATTENTION INVESTORS!


NOW LET'S GET DOWN TO BUSINESS!

We have an AMAZING program that could help you increase your cash flow, or recoup some cash from a recently purchased property.

The Investor program is for experienced real estate investors who are purchasing or refinancing investment properties to be held for business purposes.

For investors who have a history of owning and managing residential or commercial real estate. We will finance up to 8 properties or $2M for one borrower, whichever is less.

The loan qualification is determined based on a debt coverage ratio, or DCR, qualifying based on CASH FLOW from the subject property.

• Employment and income NOT DISCLOSED!
DTI NOT CALCULATED!!
• Loan qualification based on the cash flow of the subject property (Debt Coverage Ratio)
• 4506T not required
• Will finance up to 8 properties or $2M for one borrower,whichever is less
• 5/1, 7/1, 10/1, 15 and 30 year fixed. Interest only available on 5/1 ARM*
• Borrowers may own an unlimited number of financed properties
• Credit score as low as 680
• Maximum LTV 80%
• Cash out up to $2M
• No ownership seasoning requirement for cash-out refinance
• Loan amount up to $2M
• Gift Funds / Gift of Equity allowed
• Perfect loan for those who acquired investment properties paying all cash
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(recoup some cash) or for those who used hard money loans to acquire real estate.

PLUS WE HAVE many FHA,FANNIE MAE,FREDDIE MAC,AND OTHER programs to help you either Purchase a property or Refinance an existing property!

• FHA

* 203K loans with unlimited amount of asset allocation for any home improvement or home addition project (both full and streamline available)
* 1x close construction to perm
* Credit scores down to 500 (below 580 will be considered but very strict lending guidelines apply)
* FHA "Back to Work" program for borrowers who have an "economic" occurrence affect their credit
* FHA Flip's with day on title and for 1-4 unit properties
* No cap on debt ratios (with AUS approval ONLY)
* BK7 less than 2 years out and FC/short sale less than 4 years out (with document verifying extenuating circumstances)
* BK13 1 day out (with 12 month on-time payment history)
* $100 down HUD REO purchases
• VA and USDA--no limitations
* Manual underwrites down to 500 credit scores (very rare to be able to offer manual UW on these)
* Jumbo loans with no limitations other than VA and USDA approval for guarantees
* VA 1xclose construction to perm AND renovation loans
• Conventional--Fannie/Freddie
* Home Possible Renovation (Fannie Mae's version of the 203K) even available on investment properties
* Mortgage insurance options / lender-paid premiums, split premiums (the FHA comparison),
single-paid premiums, or monthly--also available down to 620 credit AND on investment properties
* Up to 10 financed properties for investor purchases
• Jumbo / Non-Conforming
* Jumbo Financing down to 580 credit scores and up to 95% LTV
* Jumbo Financing with only 5% down and NO mortgage insurance

Easy Online Application: https://jbaker.tamlending.com/loan/apply



Call 484-899-0350 or email me to get started!!

Your go-to Mortgage Professional,

James Baker

AKA "James The Mortgage Guy"

1814 Route 70 East Suite 200, 08003    google map | yahoo map

• Location: Cherry Hill NJ, Gainesville, Jacksonville, Ocala, St. Augustine

• Post ID: 18878497 ocala
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