Delayed Financing- Get up to 80% of the cash you paid for the property

[Stacy Raskin]

As a mortgage broker, I work with different lenders doing delayed financing loans. The programs are created for investors who buy properties in cash and would like most of their cash back. This loan needs to be completed within 90 days from the purchase. 

Program highlights:

• -Get up to 80% of the cash you paid for the property. If improvements were made, the lender will consider based on the work done and what the appraisal comes back at for increased value to get more of the money you put back then the 80% purchase price. 
• -Credit scores as low as 620.
• -Non-owner occupied Single Family, Multi Family up to 8 units property types
• -Purchase Loan Amount – from $150K to $3,00,000. Exceptions can be made below and above- loans generally don't go below $100K.  
• -Can be structured as a DSCR loan or as a loan that considers borrower income.
• -Fixed 30 year full amortized loan terms. 
• Loans offered in all U.S. states except for Arizona, Idaho, Iowa, Michigan, Minnesota, Nevada, North Dakota, Oregon, South Dakota and Utah. I look forward to hearing from you.