FREE VA and FHA Seminars 102% Financing also MCC!Highlighted Products: FHA! We are your FHA lender! VA: We KNOW VA and pay all the VA non-allowable fees! Loans Up to 102% Financing: FICO scores as low as 620! (102% financing requires appraised value to be 2% higher than purchase price) MMC Program: Few lenders offer this! Call me today and ask about it. On a purchase price of 400k this can save your clients roughly $336.00 per month on their payment; this can be combined with FHA or VA to repeat dual benefits.
Free Seminars! Join us at Cofedbank's free monthly seminars to learn more about FHA/102%/VA/MCC . Seminars conducted at our convenient Kapolei branch. This month's Dates: •· VA/MCC June 14th 10am-1pm •· FHA/102% Program/MCC June 28th 10am-1pm Donuts and beverages provided for free
Please call 783-5815 to register as there are a limited number of seats. FREE VA/FHA/MCC/102% Financing Seminars!We're offering free seminars on the following dates:
VA/MCC: 14th June FHA/102% Financing/MCC: 28th June
Please call to register as there is a limited number of seating: 808-783-5815
Seminars are held monthly at our convenient Kapolei branch:
949 Kamokila Blvd. Suite 102 Kapolei, HI 96707
Have a great day and hope to see you and your clients there! Foreign Currency Mortgagescfsb Colorado Federal Savings Bank Joe Schmitz
Foreign Currency Mortgages
Foreign Currency Mortgages allow investors to leverage stable, low cost of funds from other countries which dramatically increase the cash flow on Income Properties
What's so great about a foreign currency mortgage?
•· Very Low Interest Rates (as of Feb 4th): •o JPY Rate: 1.99% (must have JPY income) •o USD Rate: 4.28% •o CHF Rate: 3.79% •o Other Currencies available! •· Maximize Cash flow •· No Credit Report and No Fico required •· Flexi-currency Facility •· Great for U.S. Citizen and foreigners •· Loans available on foreign properties •· Unlimited Properties •· No Maximum Loan Amount •· Personal Service and Professional Advice
U.S. States Available: HI, CA, OR, WA, NV, CO, NY and FL (Also available for foreign properties)
Property Types: SFR, Condo, and Townhome
Program Highlights: •· Interest rate: Variable Depend on Currency •· Investment properties ONLY •· Single Family Homes and Condos •· Up to 30 year interest-only mortgages •· 75% LTV, 50% DTI •· Higher LTVs possible with Additional Security •· Available with USD, BP, Euro, Chf, AUD, •· Currency Switching Option Offered at Interest Rollover Dates •· Maximum 4 Changes Per Calendar Year •· 2 Changes at No Cost •· Max 70% LTV for Currency Switching Option
Program Borrower Profile : •· Experienced Real Estate Investor •· Consistent Income: W-2 or S/E •· Provable Income •· Strong Reserves •· Strong Credit History •· Understanding of the Currency Markets •· Not Time Sensitive •· Repayment: •· Principal and interest installments •· Interest only Mortgages •· Payable quarterly in arrears Options: •· Purchase •· Refi (rate and term and Cashout)
Actual Scenario:
Incredible Product for Investors! Actualy scenario increased cash flow 600%!cfsb Colorado Federal Savings Bank Joe Schmitz
Foreign Currency Mortgages
Foreign Currency Mortgages allow investors to leverage stable, low cost of funds from other countries which dramatically increase the cash flow on Income Properties
What's so great about a foreign currency mortgage?
•· Very Low Interest Rates (as of Feb 4th): •o JPY Rate: 1.99% (must have JPY income) •o USD Rate: 4.28% •o CHF Rate: 3.79% •o Other Currencies available! •· Maximize Cash flow •· No Credit Report and No Fico required •· Flexi-currency Facility •· Great for U.S. Citizen and foreigners •· Loans available on foreign properties •· Unlimited Properties •· No Maximum Loan Amount •· Personal Service and Professional Advice
Program Highlights: •· Interest rate: Variable Depend on Currency •· Investment properties ONLY •· Single Family Homes and Condos •· Up to 30 year interest-only mortgages •· 75% LTV, 50% DTI •· Higher LTVs possible with Additional Security •· Available with USD, BP, Euro, Chf, AUD, •· Currency Switching Option Offered at Interest Rollover Dates •· Maximum 4 Changes Per Calendar Year •· 2 Changes at No Cost •· Max 70% LTV for Currency Switching Option
Program Borrower Profile : •· Experienced Real Estate Investor •· Consistent Income: W-2 or S/E •· Provable Income •· Strong Reserves •· Strong Credit History •· Understanding of the Currency Markets •· Not Time Sensitive
Repayment: •· Principal and interest installments •· Interest only Mortgages •· Payable quarterly in arrears Options: •· Purchase •· Refi (rate and term and Cashout)
Actual Scenario:
For the Service You Deserve Call Me!
Loan Officer Cell: (808)783-5815 Always Available! Office: (808)674-0633x20 Fax: (808) 674-0833
Colorado Federal Savings Bank 949 Kamokila Blvd. Suite 102 Kapolei, Hawaii 96707
Foreign Currency Mortgages! GREAT for the Experienced Investor!Foreign Currency Mortgages
Foreign Currency Mortgages allow clients to leverage stable, low cost of funds from other countries which dramatically increase the cash flow on Income Properties
What's so great about a foreign currency mortgage?
•· Very Low Interest Rates (as of Feb 4): •o JPY Rate: 1.99% (must have JPY income) •o USD Rate: 4.28% •o CHF Rate: 3.79% •· Maximize Cash flow •· No Credit Report and No Fico required •· Flexi-currency Facility •· Unlimited Properties •· No Maximum Loan Amount •· Personal Service and Professional Advice
Program Highlights:
Type of Investor: •· Experienced Real Estate Investor •· Consistent Income: W-2 or S/E •· Provable Income •· Strong Reserves •· Strong Credit History •· Understanding of the Currency Markets •· Not Time Sensitive
Program Highlights:
Repayment:
Options:
Actual Scenario:
New Product Update!
VA Loans with a NO closing cost option; I pay all the non-allowable fees! Now up to $1.5 Million! •· MCC! Which can also be combined with VA •· Stated income products still available •· Commercial Loans: All property types! •· 100% financing even for credit challenged borrowers with no points! •· FHA and Hawaiian Homelands •· Refinances, rates are low! It's a great time to refinance! •· Hard Money available •· And Much More!
VA jumbo loans up to $1.5 Million!VA Loans Up to 1.5 Million! (I'm still payment all non-allowable fees!) Here is how it works: VA will guarantee up to a purchase price of $625,500. In addition, the VA jumbo product requires a down payment. Here is how you calculate the down payment:
Purchase price + funding fee - $625,500 = Non-guaranteed amount. The required down payment is 25% of the non-guaranteed amount.
Requirements: •1. Must have a FICO score of at least 660 •2. Must have 2 Month's reserves
Give me a call or send me an e-mail with any questions. Colorado Federal Savings Bank Commercial Loans
Colorado Federal Savings Bank is an equal housing lender, federally chartered thrift and loan, Member FDIC and a direct lender of commercial real estate first mortgages nationwide since 1990. Today Colorado Federal Savings Bank is the second most profitable thrift and loan which in today's uncertain mortgage market is truly unique and means we are here to stay. Here are some examples of some of our products:
2) Part-time Farms or Ranches to $3 million, owner-occupied. Colorado Federal Savings Bank Commercial Loans
Colorado Federal Savings Bank is an equal housing lender, federally chartered thrift and loan, Member FDIC and a direct lender of commercial real estate first mortgages nationwide since 1990. Today Colorado Federal Savings Bank is the second most profitable thrift and loan which in today's uncertain mortgage market is truly unique and means we are here to stay. Here are some examples of some of our products:
2) Part-time Farms or Ranches to $3 million, owner-occupied. Colorado Federal Savings Bank Commercial Loans
Colorado Federal Savings Bank is an equal housing lender, federally chartered thrift and loan, Member FDIC and a direct lender of commercial real estate first mortgages nationwide since 1990. Today Colorado Federal Savings Bank is the second most profitable thrift and loan which in today's uncertain mortgage market is truly unique and means we are here to stay. Here are some examples of some of our products:
2) Part-time Farms or Ranches to $3 million, owner-occupied. |
Joe Schmitz Wahiawa, HI More about me… Platinum Mortgage Partners Office Phone: (808) 540-2707 Cell Phone: (808) 783-5815 Email Me ;) Links;) Tags (Tag Cloud);) Archives
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