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Residential Rehab Mortgage --- Minneapolis METRO

I have heard many real estate agents say that the only way to close on condemned houses is cash.

This is not true!

There is a GREAT residential REHAB loan:

This is how it works:

- 80% LTV of the purchase plus construction costs
- 620 Minimum FICO
- 50% DTI

It is that easy!

Dax Dickson

612-578-9898

Learn more about commercial mortgage loan programs available in the Minneapolis & St Paul, MN Metro area that can help those looking to secure purchase rehab mortgage loans for properties that do not qualify for programs like private/hard money loans or the FHA 203K rehab mortgage loan.

Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Commercial Mortgage, Commercial Purchase Loan, Commercial Refinance Loan, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Commercial Mortgage Lending, Commercial Purchase Lending, Commercial Refinance Lending, Hard Money Lending, Private Money Lending, Asset Based Lending, Equity Lending, Collateral Based Lending

Closing Creative Mortgages in Minnesota!!!!!!!!!!!!

Posted by Dax Dickson on 08/13/2008 09:22 PM

Comments (2)

Rehab Financing in the Mortgage / Finance Channel

mortgage, rehab, mn, minnesota

This post has been included in Minnesota Information
Post is included in group: Hard Money

2 Comments on Residential Rehab Mortgage --- Minneapolis METRO

AUG

2008

Mike,

Thanks for the information. I have past because I did not have a place to lend on condemned houses. THIS IS HUGE!!!

Thanks Again!