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All Forum Posts by: Brandon Croucier

Brandon Croucier has started 1 posts and replied 576 times.

Post: Looking for 15% down DSCR

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

Hi Eli, if you've got a 720 Fico and the property cash flows, it's a done deal. Sent you a PM!

Post: Buy out inherited property

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

On the lending side there would be no issue, it's a matter of getting that contract written up and agreed upon by all parties.

Post: Question on multi unit financing.

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

Potentially, it also depends on the debt you carry. You could also take a look at a DSCR loan, it doesn't even take into account your income at all!

Post: Refinancing two 20+ single family rental home portfolios

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

Looking around could save you quite a bit of time and money.

Post: Cash out refi for a half Duplex

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

I wouldn't see an issue with this one, as long as there is a clean title should be a pretty simple process.

Post: How can I find lenders to give me a mortgage if my only income is 1099?

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

Hi Victor, there are products such as DSCR loans as well as Bank Statement & 1099 programs that would fit your situation perfectly!

Post: What stands out to you on this initial cost worksheet?

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

Most go down to 75K and charge a minimum fee for their time. I sent you a PM on what I can do.

Post: Anyone getting a 5% loan?

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

I have products that allow 90% CLTV, meaning if you have someone to come in 2nd, you can come in with 10% down. 0-5% is not going to happen, this is not 08'.

Post: Less than 2 years of consistant employment

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

12 month bank statement program seems like the best bet. Would love to connect and see how I can assist you a bit further.

Post: Can/should I work with multiple lenders?

Brandon Croucier
Posted
  • Lender
  • Newport Beach, CA
  • Posts 627
  • Votes 259

I do not work with clients openly working with other lenders as I value my time and would rather spend it with a serious client.