All Forum Posts by: Reginald Truss

Daniel, a FICO score of at least 650, and at least 20% down, and you are as good as approved.  Hope to hear from you.

Reggie Truss

World Business Lender

Cameron, give me a phone number, a rep will contact you.

Reggie Truss

Wold Business Lenders 

Kelli, I need a email address so I can sent you a form, as long as you have a FICO score of at least 650, we are in business.

Hope to hear from you.

Reggie Truss

Kelli, how much money do you need.

Reggie Truss

Clifton, I represent Viso one of the lenders on propertygo.com.  I can send you a summary  form if you want to go that route.  Let me hear from you.

Reggie Truss

Mark, I think i can help you with this.  If you want me to take a shot send me your email address, and I will send you a summary form.  Thanks.

Reggie Truss

World Business Lender

Maybe we can help, but it depends on what you have in mind.  Let me know.

Reggie Truss

Well we have a Low Doc, No Doc Rent and Hold Fix and Flip as low as 6.9%

Reggie Truss

I think I have the perfect program for you, but I need a email address to send it to.  It is thru Visio Financial.

Reggie Truss

Visio Financial lending

If you are for real, maybe this program can help.  Let me know.

perfect for investors with multiple properties!

GUIDELINES:

Application Fee: $0

Minimum Credit Score: 650 FICO

Number of Properties: 3 – 20

Loan Amount: $200,000 – $2,000,000

Minimum Property Value: $60,000

DSCR Requirements:

SFR Property Value < 250,000: 1.2 DSCR

SFR Property Value > 250,000: 1.0 DSCR

Duplex Property: 1.4 DSCR

Triplex/Fourplex Property: 1.5 DSCR

Prepayment Penalty: 120% of current UPB for subject property

Where: Across 3 counties; No multi-state

Reserves Needed: 6 months

Additional Requirements:

oMust be same owner for all properties

Increase in property value more than 30% within the last 12 months, an explanation must be provided.