I was surfing the blogs on the ‘Rain' looking For Jumbo Stated Loans to compare what is available and what the group I consult for has.  So I decided to at least share with the members of the Rain community this information.

ANNOUNCEMENT:

STATED RESIDENTIAL OR COMMERCIAL JUMBO PROGRAM

Are You Looking to Buy or Sell a Residential or Commercial Property that is between $500,000 and $20 million?

A  program that may be able to help a seller and buyer get the deal done!!

This program is designed for purchasers that can't qualify for conventional loans associated with the purchase of real estate - residential or commercial - within the 50 states. No matter the reason - poor credit, non documentable income, self employed, cash income or need of a discreet acquisition - if the purchaser has the required down payment amount and attest they can afford the property - they are approved.

 Sell Your Property using our program.  Buy a property using our program!

Price Range - $500,000 to $20,000,000 (purchase only - no refi's)

Residential and Commercial - can't be in remote location - no vacant land.

Non Owner Occupant Properties OK

Interest Rate - between 7% and 9%

Down payment Funds - no sourcing or seasoning required

Residential - 15% (owner occupied) Commercial - 20%

(Other fees apply)

This is a NON- RESPA transaction