October 16, 2017

HOME LOAN 1 DAY AFTER SHORT SALE, FORECLOSURE OR BK?

YES we can get you a loan to purchase real estate right after a short sale or foreclosure.  This is offered through a private money financial institution that we have a special relationship with.

LOAN_RIGHT_AFTER_A_SHORT_SALE_FORECLOSURE_OR_BANKRUPTCY

We are actively helping people with a recent housing event get back into the housing market.

Private money is a commonly used term in banking and finance. It refers to lending money to a company or individual by a private individual or organization. While banks are traditional sources of financing for real estate, and other purposes, private money is offered by individuals or organizations and may have non traditional qualifying guidelines. There are higher risks associated with private lending for both the lender and borrowers. There is traditionally less “red tape” and regulation

HERE ARE THE HIGHLIGHTS OF THIS PROGRAM

  • 15 Year or 30 Year Fixed Loans
  • Loan to Value ratios up to 80% of appraised value
  • Second homes are OKAY
  • NO SEASONING on Chapter 7 or Chapter 13 BK
  • NO SEASONING on foreclosure completed event
  • CASH OUT IS ALLOWED up to $100,000 to the max program LTV
  • NO SEASONING AFTER SHORT SALE
  • Single Family, Condos, Townhomes okay
  • RESERVES NEEDED: 3 months minimum
  • SELLER CONCESSIONS ALLOWED up to 6%

Rules and guidelines change periodically.  If you think you may qualify and you would like to get more details on how this program works…

GET YOUR PRICING QUOTE HERE

JASON WHEELER | 925-285-2172

About Jason Wheeler - Real Estate & Lending

Jason Wheeler has been a top producing consultant in real estate and finance since 2003. Originating, conventional, government, portfolio and hard money loans throughout California for one of the top mortgage companies in the nation. Jason works directly with homeowners and purchases homes throughout the Bay Area with the purpose of adding value to older outdated homes. IF YOU LIKE OUR CONTENT GO VIP HERE

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