All Forum Posts by: Cheryl Jones

Hi Charlie,

The most points we charge is 3. The interest rate starts at 8.99% and the highest LTV (loan to value) we will go is 65% of the property value. Let me know if you any other questions. Thanks.

• Get Approved in 24 Hours!
• Minimum Loan Amount - $50K
• Up to 80% of Purchase/80% of Rehab
• Minimum Credit Score - 600
• No Prepaymnet Penalties
• States we Lend in: CA, AZ, UT, CO, TX, FL, NC, WA, MO & VA

Cheryl Jones,

Realtor & Loan Officer

(916) 626-2794   

[email protected]

CalBRE# 01707451

NMLS # 1545633

Hi Necho,

We have some Commercial Loan Products available Nationwide. I would have to dig a little further to see if I have anything for SFR. Are you investing in SFR or Commercial?

Hi Jim,

This looks doable.  Please send the appraisal to my email:  [email protected]  I also need:

• Your estimated "mid" credit score if individual or if corporation all of the officer's estimated "mid" credit scores
• If Corporation, are you the managing partner?
• Estimated ARV
• How long you need loan for to complete construction
• Your experience as an investor
• What terms do you normally get?  What terms do you need?  Interest rate, amortization - interest only?

Once I have this preliminary information, I can submit.  Thanks very much!

Hi Ken,

We lend in the following states for Fix/Flip: CA, TX, TN, CO, VA, WV, GA, FL, IL, OH, PA, SC, MO, MI

We also have Nationwide Loan Products.  Let me know if you have a Loan Scenario you would like me to look at:  [email protected]

Thanks.

Hello Real Estate Flippers!  At Optimus Capital we have Great Loan Programs:

Here are the specifics on our Rehab/Fix/Flip Loans:

• Up to 90% of purchase price
• 100% of rehab financing on most transactions
• 6 and 12 month terms available
• No prepayment penalty fee in most cases
• Available In: CA, TX, WA, TN, CO, VA, WV, GA, FL, IL, OH, PA, SC, MO, MI
• 1-4 units, Condominiums okay
• Average closing time 2 weeks or less
• $75,000 to $3,000,000 loan amounts
• Tier based pricing, more experience equals lower rates
• Rates as low as 7%
• BPO Required, Appraisal optional

Feel Free to send me a loan scenario at:  [email protected] or call me at:

(916) 626-2794.

For more information, please visit our website:  www.optimuscapitalcorp.com

Cheryl Jones

CalBre# 01707451

Optimus Capital

CalBre# 01979668

Great programs for:  Fix/Flip, Investment Purchases, Construction & Commercial Buildings

Fix/Flip Loans

• Up to 90% of purchase price
• Up to 100% of Rehab
• 6 to 18 month terms available
• No Pre-payment Penalties
• Personal guarantor not required

Call:  Cheryl Jones

Account Executive

Direct:  (916) 626-2794 

Office:  (916) 414-8861

[email protected]

CalBre# 01707451

Give me a call to discuss the possibilities!  I can be reached at (916) 626-2794.  Email:  [email protected]

Hi John,

We lend in California and many other states just depending on the loan amount.

No problem Zach. I agree to a point. I would say by and large most investors do want to see financial responsibility which is reflected in the FICO. Our company does the same thing as most HML's in that the more experience a borrower has, the better his rate and term. We take a lot of things into consideration when qualifying the borrower. Most of the weight of the loan is placed on the equity in the property as is expected in Hard Money Loans.