Lenders wanted

CA, Single-Family, Refinance, $210K, 750 FICO, 65% LTV
Posted on 8/17/2013 10:02:33 AM

4 Beds, 2.5 Baths, 1904 SF Townhouse in Mountain View, Ca.
Built 2007, Appraised Nov. 2012 for $940,000. Rental income $4,000 per month.
Existing First TD $400,000 and Second TD $120,000 Credit line.

New $210,000 Loan proceeds to payoff $120,000 2nd with balance cash out for
business purposes.

REPLIES
  • by Andrew Yim on 9/9/2013 12:17:00 PM

    Please give me a call:


    Sincerely,

    Andrew Yim, Managing Partner
    TWIN PIER CAPITAL
    O: 310.853.8001
    F: 310.852.8002
    M: 562.761.5945
    Andrew@TwinPier.com
    www.TwinPier.com Under Construction




  • by Tarek Azar on 8/30/2013 10:20:53 AM

    (Orange County Broker) Options are available. If you fit the guidelines we can wrap it all in one 1st TD. Feel free to contact me anytime including the Holiday weekend. Contact: 714.353.9257 | tazar@symbolicholdings.com

  • by Steve Felt on 8/28/2013 4:23:27 PM

    We can refinance into a new 1st with a max LTV of 70%. 6.99% 3/30 with 700+ FICO. 720-432-9118 steve@creativebusinessfinance.com

  • by Brian Nguyen on 8/21/2013 1:22:54 PM

    After reading your scenario this is a loan that I can definitely provide. My company (iServe Residential Lending) offers a great range of loan products with great pricing, quick turn times, all with friendly service. So feel free contact me if you have any further questions!

    Brian Nguyen
    Phone: 949.667.2887
    Email: bhnguyen@iservelending
    www.iservelending.com/briannguyen

    Good Luck!

  • by Pouyan Broukhim on 8/21/2013 9:22:58 AM


    I have done funded many second position loans. Call me to discuss, I can be reached at 323-935-5555 x 102 or by e-mail at pbroukhim@Pbfinancialgrp.com. My website address is www.pbfinancialgrp.com, we are a California direct hard money and bridge lender.
    Thank you

  • by Pouyan Broukhim on 8/21/2013 9:21:51 AM

    I have done funded many second position loans. Call me to discuss, I can be reached at 323-935-5555 x 102 or by e-mail at pbroukhim@Pbfinancialgrp.com. My website address is www.pbfinancialgrp.com, we are a California direct hard money and bridge lender.

    Thank you

  • by Jim Hamill on 8/19/2013 10:58:21 AM

    This could possibly be done under FHLMC guides as a complete refi cash out of both existing loans. Contact me at 951-206-3357 or jhamill@westernbanc.com if you're interested.

  • by Gary Capozzoli on 8/19/2013 10:18:08 AM

    I do not have any suggestions for a cash out second for a rental property too many layers of risk for the lenders., who is 2nd with currently? Will they replace current loan? If you would consider cash out 1st that might work.

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