I was surfing the blogs on the ‘Rain' looking For Jumbo Stated Loans to compare what is available and what the group I consult for has. So I decided to at least share with the members of the Rain community this information.
ANNOUNCEMENT:
STATED RESIDENTIAL OR COMMERCIAL JUMBO PROGRAM
Are You Looking to Buy or Sell a Residential or Commercial Property that is between $500,000 and $20 million?
A program that may be able to help a seller and buyer get the deal done!!
This program is designed for purchasers that can't qualify for conventional loans associated with the purchase of real estate - residential or commercial - within the 50 states. No matter the reason - poor credit, non documentable income, self employed, cash income or need of a discreet acquisition - if the purchaser has the required down payment amount and attest they can afford the property - they are approved.
Sell Your Property using our program. Buy a property using our program!
Price Range - $500,000 to $20,000,000 (purchase only - no refi's)
Residential and Commercial - can't be in remote location - no vacant land.
Non Owner Occupant Properties OK
Interest Rate - between 7% and 9%
Down payment Funds - no sourcing or seasoning required
Residential - 15% (owner occupied) Commercial - 20%
(Other fees apply)
This is a NON- RESPA transaction
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
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