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Should you or any of your colleagues or clients need a loan for residential or commercial property, we lend in all 50 states and can do loans that most other banks or lenders either will not, or cannot, including foreign nationals and higher ratio debt to income on FHA at 50%.
We are your Out-of-the-Box lender.
Minimum loan amounts on all of our programs is $100K and can do super jumbo to multi-millions including construction to perm and non-owner occ. where we take the income from the property instead of the borrower.
Another program is for investors and takes the income from the property and will loan at 70% of the value of the property based on the income, in other words, the borrower doesn't have to qualify, but we do need to see 12 months of rental income from seller or borrower or show what the rents in that area will bring and borrower must have 620+ fico and no more than 4 units for this program. We can finance up to 10 properties on this program, at a time.
We also do portfolio loans over $500K and rehab loans.
Please accept our warm welcome to the CREPIG community! We hope you find your experience of networking with CRE professionals rewarding and find that there is so much collective knowledge to glean from the blogs, podcasts and resources that CREPIG has to offer. We are here to answer any questions that you may have regarding the resources here, and we wish you an enjoyable experience making friends and establishing relationships. You will love the NEW chat feature to direct connect with fellow CREPIG members. We look forward to getting to know you better!
Beth Anne Grib CREPIG Advisor
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