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jjmyers

Loan Officer

Columbus OH

My Scenarios

95% FHA			Views: 348
Listed on	Nov-10-08 11:42 AM	Loan Type	Residential
Loan Amount	$140,000.00	Property Type	Owner Occ
LTV	95	CLTV	95
Purpose	Purchase	Doc. Type	Full Doc
Credit	660	State	OH
Notes Just looking for the best rate.

User Comments

First Financial

Hard Money Lender

Madrid Ma

My Scenarios

Posted on Apr-14-09 6:13 PM

Hello,

My name is Babella Vista and I am the approval Manager for FIRST FINANCIAL HOLDINGS Co.LTD, where WE PORTFOLIO OUR OWN LOANS!!!!

MORTGAGE LENDING is our specialty and we do it well. Unlike large institutional banks, we concentrate strictly on COMMERCIAL/RESIDENTIAL MORTGAGE loan products. In addition, we DO NOT require your yearly financial status report.

WE OFFER THE FOLLOWING:

No Financial reporting
No deposit relationship
No life insurance
No pledge on your residence

COMMERCIAL PROPERTY is vastly becoming the next big investment - don't start out with the wrong financing or the wrong advisor. Learn more about our Commercial mortgage financing programs

We do all type of loans as far as we have the following

a. Property Address or APN no.
b. How much you want
c. what is owned on the said property
d. what is the value of the said property

OUR COMMERCIAL SECTOR:

Property Type: Minimum of 5 units on Multi; Small balance mixed use, office, office/retail, strip mall, stand alone commercial, SFR used as commercial or with commercial zoning.

No gas stations, hotel/motel, assisted living w/med disperse, dry cleaners on premises, funeral homes w/crematorium, used car lots
No properties requiring environmental phase 2
No properties with underground oil tanks
NO stated loans, full documentation only

Loan Size: Target loan amount $100,000 to $50,000,000
Loan to Value: Maximum 1st lien LTV of 80% purchase. Secondary financing cannot exceed 90% LTV to include seller held or additional pledged collateral.
Amortization/ Maximum maturity of 20 years. All loans must fully amortize.
Debt coverage will be determined using the 5-year fixed rate.
The DSC ratio must be 1.20x (20 year amortization).
Occupancy 80% minimum at the time of origination.
Cash Out: Cash out refinances will be permitted with the following underwriting adjustment: LTV maximum 75%
Creative projects welcomed

We are FHA CERTIFIED and are a FULL EAGLE BANKING firm (everyone's on site from processing to underwriting, all done in house). Our team of mortgage specialists will guide you through the entire process until your loan has been approved and funded!! Whether you need a BUSINESS LOAN, CONSTRUCTION LOAN, FINANCIAL LOAN PLANNING or a RESIDENTIAL MORTGAGE, if it makes sense, WE CAN APPROVE YOUR LOAN!

*** 1ST POSITION UP TO 65% LTV
*** 2ND POSITION UP TO 60% LTV
*** $100K-50M CA LOAN AMOUNTS
*** 9-14% INTEREST RATE
*** 2-6 LENDER POINTS
*** 1-3 YR LOAN TERMS
*** IO PAYMENTS
*** NO PRE PAYMENT PENALTIES
*** ALL PROPERTY TYPES
*** NO SEASONING REQUIREMENTS
*** BLANKET LOANS OK
*** COMMON SENSE UNDERWRITING
*** GREAT PURCHASE MONEY WITH SELLER CARRY 2NDS

WE ALSO OFFER LOAN MODIFICATIONS ON RESIDENTIAL LOANS, SO IF YOU ARE IN DISTRESS GIVE ME A CALL!!!!!!!

We look forward to working with you; feel free to contact us if you have any questions! Talk to you soon!

Best Regards,
Babella Vista
Approval Manager

EMAIL..........applicant_processing@mail2president.com

WEBSITE........www.firstholding.com

FIRST FINANCIAL HOLDINGS CO.LTD
Carson street
Madrid
Spain

jamesonmay

Commercial Lender

new york DE

Posted on Feb-05-09 1:45 AM

I am a financier I am willing to lend out loans with Low interest rate and with in the amount of $5,000 to $80,000,000 as the loan offer,I offer loan to all categories of people ,firms, companies, all kinds of business organizations, private individuals and real estate investors, I give out loans at very cheap and moderate rates. I am a certified, registered and legit lender. You can contact me today if you are interested in getting this loan, contact me for more information about the loan process, process like the loan terms and conditions and how the loan will be transferred to you. I need your urgent response if you are interested. I will need you to state the amount you are seeking so that i can prepare my terms for the loan.It should be stated in USD and the duration should also be stated. I need your urgent response if you are interested. You are to contact us with this e-mail iribskola@gmail.com

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