It has been said that residential real estate financing is more like a science and commercial real estate financing is an art. If this is true, then I am combining science and art through a collaborative process involving financial planners, accountants and attorneys to help realize the goals of every client.
RESIDENTIAL FINANCING:
- 100% Financing
- Full Doc and Stated Income Financing (A 4506 Request of Tax Return Transcript Form may be requested)
- Fixed Rate Mortgages; 20, 30, 40 and 50 year terms available
- Adjustable Rate Mortgages: 1-, 6- and 12-month adjustment periods
- Hybrid Option ARMs (Rate is fixed for 5 years with the option to convert to a 30 year fixed)
- Stand Alone 2nd Mortgages: HELOCs and Fixed Rate Options available with NO CLOSING COSTS!
COMMERCIAL FINANCING:
For Small-Balance Commercial Mortgages; Loans from $100,000 up to $1.5 Million
- 580+ credit scores for primary borrower or primary guarantor
- LTV up to 97%
- Loan Types = 6-month adjustable, 2, 3 and 7-year fixed; declining fixed rate and interest only programs also available
- Property Types = owner occupied and non-owner occupied for Rate & Term Refinances and Cash-Out Refinances or Purchase
- Timing = 48 hour pre-approvals; 30-45 day closings
- Subordinate Financing = seller seconds up to 20% of property value; subordinate financing not available on the Interest-Only Program
CONSTRUCTION LOAN FINANCING:
Loans up to $2 Million
- Loans up to 80% LTV
- Terms up to 12 to 18 months
- Up to four Spec Loans at a time
- Lot draws of up to 60% of land value
- No payments during construction with our interest reserve
- Land equity and pre-paid costs are credited toward cash to close
- Corporations, Partnerships and LLCs okay with personal guarantees by principal(s)
- 24/7 online draw request
SUPER JUMBO LOAN FINANCING:
Loans from $1 Million to $300 Million
- Interest-Only Payment Option; available on all mortgages for up to 10 years. Note: there is no additional charge for this option, and you can pay principal at any time with no prepayment penalty
- Hybrid ARMs: 3/1, 5/1, 7/1 and 10/1 programs
- Traditional ARMs: 1-, 6- and 12-month adjustment periods
- Pledged Asset Loan Program: gives you the ability to finance 100% of your loan without liquidating any assets
- Finance your Single-Family Primary Residence, your Second Home, your Vacation Home or Investment Property
Our Pledged Asset Loan Program: Note: Eligible investment assets may be pledged in lieu of a down payment. This program is ideal for clients who wish to defer capital gains or losses while maintaining their investment strategy. You can even help a friend or family member purchase a home by pledging assets on their behalf.
- No rate increase or points charged for 100% financing
- No down payment
- Avoid private mortgage insurance (PMI)
- Maintain your long-term investment strategy
- Maximize tax deductible interest
- No need to move your investment accounts
Vesting Title in Entities Program:
We provide clients with the option to vest the title of their residential property in a Trust, LLC, Corporation or Partnership. This unique funding option provides our clients with the ability to retain the title within the preferred legal structure, allowing them to continue realizing the tax benefits and legal protection associated with these financial planning tools.
Title is allowed to be vested in different types of entities:
- Revocable and Irrevocable Trusts
- Blind Trust
- Qualified Personal Residential Trust
- Limited Liability Company
- Corporations
- Limited Partnership
- General Partnership
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Ricardo Bueno
Direct: 323.810.2175
E-Mail: ricardo (at) ricardobueno (dot) com
