Monday, February 8, 2010

NEW LOAN PROGRAM - STATED INCOME FOR SELFEMPLOYED BORROWER

STATED FOR SELF-EMPLOYED ONLY

This is a true stated loan for Owner, Non-Owner and Second Home properties.

PURCHASE – LTV's to 55%

REFI – Cash out (45%)– Rate and Term- LTV's to 55%

Owner Occ, 2nd Home, Non-Owner

SFR, Condos, 2 - 4 Units

  Loan amounts from $280,000 to $3,000,000

Rates as low as 6.875% with 1 point cost max * 5/1 ARM

700+ Fico on most loans (680+ Fico on an exception basis)

Southern California properties only (Riverside and San Bernardino counties are ineligible)

Unlimited properties owned

If the loan is an "Owner Occupied" property, title must be held in the name of a corporation or LLC.

 

NOTE

Borrower CAN NOT be in real estate, construction or related fields.

 

 

Please call or email me with your scenarios!

 

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CAMILO MORENO

Mortgage Professional

Purchase Money Specialist

Great western Bancorp Inc.

6033 W. Century Blvd # 700

Los Angeles CA 90045

310 216 1700 ext 116

310 216 1750 Fax

www.gwbmortgage.com

 

 

 

 

 

Sunday, February 7, 2010

CLEAN - BRIGHT - REMODELED CONDO FOR RENT

Saturday, February 6, 2010

OUR TENANTS NAMED IT "MELROSE PLACE ON ARGYLE"

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