Second Trust Deeds often with No Early Termination Fee
  As a referring Broker you can Make up to 5 Points!!!
  Loans up to 65% CLTV
  Opportunity for credit repair
  No FICO requirement.  Sub 500 FICO OK
  Bankruptcy payoffs (Chapter 7 & 13)
  In most cases, NOD or Notice of Trust Deed Sale/Pending Foreclosure
  Minimal to no documentation requirements
  Interest Only Payments
  Some Cash Out Restrictions
  Debt to income ratios not a factor  (Stated income)
  Docs as fast as 48 hours and funding as fast as 7 days

 

Fees:  5-10 Points
Closing Cost:  Estimated $1000
Brokers:  Earn Up To $5000.00
  Any Fico Score – OK
  1 Score – OK
  Stated Income – OK
  No VOE or Verbal VOE
  No Business License or CPA Letter
  Interest Only – OK
  Notice of Default – OK
  Notice of Trust Deed Sale – OK
  In Bankruptcy – OK
  Unlimited Cash Out – OK
  Non Owner – OK
  65% LTV – CA
  150k Minimum Loan Amount
  1,000,000 Max Loan Amount (Case by case if over that loan amount)
  No Rural, MFR or Land
We are one of the only lenders in CA to fund up to 65% on a Hard Money 1st TD.  To fill out our quick submission form On  Line Click Here.  Our office will respond same day with all requirements to Doc and Fund your loan.  to get a response from our office on your potential loan. 
1008 / 1003
Credit Report
Prelim within 30 days (If Available)
Call for Information: (949) 812-6301
Fax to: (949) 419-2623
Appraisals:  Email to:  info@reducehousepayment.com

 

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