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NON-OWNER REHAB LOAN

I need a non-owner occupied rehabilitation loan. Can you help me by Glenn Olsson from Folsom, California. Jun 9th 2012 Reply


William J Acres (William_Acres)
#73 ranked lender in Arizona - 8,728 contributions

Fannie Mae HomeStyle rehab loan. Investors need minimum 20% down payment.. There's also HomePath renovation Loan, but it is specific to only Fannie Mae foreclosed homes... The best advice I can give you is to contact a LOCAL mortgage broker, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Jun 9th 2012
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Crestico Funding (CresticoFunding)
#317 ranked lender in California - 340 contributions

Hello Glenn,Depending on the estimated cost of rehab we may be able to help you, Please contact our Sr. Mortgage Originato at 310-348-7878 x4748 or email houtan.hormozian@crestico.com for more info. you can also complete an free application online at our website by visiting www.crestico.com/apply

Jun 10th 2012
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Dan Paladin (dpaladin)
#1 ranked lender in California - 743 contributions

Possibly. Need more details. Contact me at 562 987 2184.

Jun 9th 2012
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thank you William. I am a broker here in northern California and unfortunately none of my lenders offer the home path renovation loan. I am looking for a way to complete a loan for my borrower. We are currently doing a streamline 203K but for various reasons I do not believe the underwriter will accept the loan as it is. I was trying to find a good strong plan B. if you know of any retail lenders out there that offer the home path renovation, pass it along. you may call me at 916-276-6236 if you like.

Jun 9th 2012
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Ed Craine (ecraine)
#355 ranked lender in California - 23 contributions

Need details re the property, the transaction, and the loan you are seeking. Feel free to call me with details. 415-406-2330.

Jun 9th 2012
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Linda Wintersteen (Linda123)
#62 ranked lender in Arizona - 1,256 contributions

I can do your home path loan in california email your details at yourloanpartnerforlife@live.com or you may phone at 602-330-1598 linda

Jun 10th 2012
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Linda Wintersteen (Linda123)
#62 ranked lender in Arizona - 1,256 contributions

also, please visit my website at yourloanpartnerforlife.com i do rehab loans ....all states

Jun 10th 2012
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