All Forum Posts by: Christopher Winkler

Landlords with 1/4 rentals, We are able to now offer simple business purpose loans based on your DSCR starting @ 5.75% APR for a 5/1 ARM for Purchase, R/T, up to 80% of LTV or Cash Out up to 75% LTV based on your credit score. Convert your high interest hard money purchase or rehab loan to a 30 year starting @ 6.25% APR.

No reserves required, no limit on the number of units you own, and up to 80% LTV for purchase or R/T also based on your credit score.

If your gross rents are equal to or greater than the PITIA, you can qualify with low docs, no bank statements or income statement needed. Loans must be for business purposes, no vacations or new cars.

NO limit on the amount of units you own! We can also do interest only loans, and if your gross rents do not cover PITIA or ITIA, we can help with a different loan @ a different low rate.

Program Highlights:

• No Pricing Adjustments for cash-out, units, IO, or condo
• Rates Start @ 5.75% APR for 680+ FICO!
• Qualify your DSCR off of the Note rate! If Interest Only, ITIA is used!
• No Income/No Reserves/No Employment on 1003
• Gift Funds Allowed
• 3 Credit Tiers 680+ / 640-679 / & 620-639
• $100,000 to $3,500,000 Max Loan Amount
• $2,000,000 Max Cash Out
• 80% Max LTV
• 620 Minimum Credit Score
• Qualification DSCR ≥ 1.0
• Financed Properties: No Limit on Number of Financed Properties
• 3 Year Seasoning Foreclosure, Short Sale, Loan Modification, Deed in Lieu & Bankruptcy
• Terms: Fixed, ARM & Interest Only Options
• Soft Prepay Available
• 5 Year ARM is 60 Months
• 30 Year is 360 Months
• No Down Payment Required
• 1 Time Application Fee
• 2-4 Points
• CAPS 2/2/5
• Margin/Floor 6%

We can offer these loans in these states now:

• Alabama
• Colorado
• Connecticut
• Delaware
• Georgia
• Hawaii
• Illinois
• Kentucky
• Louisiana
• Maryland
• Massachusetts
• Missouri
• New Jersey
• New York – Coming Soon
• Oklahoma
• Pennsylvania
• South Carolina
• Tennessee
• Texas
• Virginia
• Washington

Shortly we can offer these loans in:

• Arizona
• California
• Florida
• Utah

 Please start a new thread & file a ripoff report 

Besides a credit score over 620, as long as you have a lease and a payment, we go with the lower amount of the rental comps or the lease amount. No bank or income statements needed to qualify and no limit to the amount of properties you own. 

Hi Tania, at this time no hard $ or construction loans, that is a crowed space! Possible for future, plus more than 4 units as well. Defiantly can get you out of the HML once you have a signed lease...

 HI Martin, adding new states all the time. I'll make sure to keep you posted!

 Great question Rob, the only thing you need is a leased property with a lease that has made a payment, we take the lesser of the lease amount, or the lease comps in the appraisal. If you are in-between renters, just an explanation of what you are doing, paint, carpet, roof, etc. Hope that helps...

Landlords with 1/4 rentals, We are able to now offer business purpose loans based on your DSCR starting @ 5.75% for a 5/1 ARM to Cash Out up to 75% LTV based on your credit score, or convert your rehab to a 30 year starting @ 6.25%.

No reserves required, no limit on the number of units you own, and up to 80% LTV for purchase or R/T also based on your credit score.

If your gross rents are equal to or greater than the PITIA, you can qualify with low docs, no bank statements or 1003 needed. Loans must be for business purposes, no vacations or new cars. And NO limit on the amount of units you own! We can also do interest only loans, and if your gross rents do not cover PITIA or ITIA, we can help with a different loan @ a different low rate.

Program Highlights:

• No Pricing Adjustments for cash-out, units, IO, or condo
• Rates Start @ 5.75%!
• Qualify your DSCR off of the Note rate! If Interest Only, ITIA is used!
• No Income/No Reserves/No Employment on 1003
• Gift Funds Allowed
• 3 Credit Tiers 680+ / 640-679 / & 620-639
• $3,500,000 Max Loan Amount
• $2,000,000 Max Cash Out
• 80% Max LTV
• 620 Minimum Credit Score
• Qualification DSCR ≥ 1.0
• Financed Properties No Limit on Number of Financed Properties
• 3 Year Seasoning Foreclosure, Short Sale, Loan Modification, Deed in Lieu & Bankruptcy
• Terms: Fixed, ARM & Interest Only Options
• Soft Prepay Available

We can offer these loans in these states now:

• Alabama
• Colorado
• Connecticut
• Delaware
• Georgia
• Hawaii
• Illinois
• Kentucky
• Louisiana
• Maryland
• Massachusetts
• Missouri
• New Jersey
• New York – Coming Soon
• Oklahoma
• Pennsylvania
• South Carolina
• Tennessee
• Texas
• Virginia
• Washington

Shortly we can offer these loans in:

• Arizona
• California
• Florida
• Utah

Daniel, please start a fresh thread if you don't mind and go into whatever detail you can. Also a ripoff report should be filed by everyone defrauded.  

 Good to hear a big Guru chiming in, great of your offer to help Dean...

@Rahul Bhatt, Please start a new thread to counter his continuing advertising for new victims. Are there any class action lawyers interested in this??? PM me for more info. I know it hurts, but this criminal needs to be put behind bars...