Mortgage Update

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Mortgage and Lending - LX Financial LLC
Mortgage Update - Mortgage financing news and topics, and meaningful advice for real estate professionals and consumers.

ARCHIVED BLOG POSTS

2010 

Have A Wonderful Thanksgiving!-Paul     The Fix-Flip loan concept and term process Fix-flip or Flip only options available. 1-4 units only. No condominiums. Decision based on project merits instead of credit/income. Same day approvals. Up to 100% financing (purchase and rehab expense) available, ...
11/24/2010
Mortgage bond rates soared to a 5 month high this week, suggesting that the era of record low rates may be over. /// Have a look at what Prospect Mortgage's achievements!...(below) /// Make it a good week folks. - Paul Fix-Flip loans: No pmts 6 monthsFlexible terms, quick closes. Ask me for a quo...
11/19/2010
I am looking for secured co- investor/lenders. I arrange loans for buyers (usually contractors or home builders) who acquire foreclosed property at rock bottom prices to fix it up and re-sell. They have expertise and experience, but not enough capital to take on the single or multiple projects th...
11/07/2010
I am looking for co- investor/lenders for flips. Interest rate is 8-14%, plus 10%-30% of the profits, fully secured with a first mortgage, 6-8 month project time. Borrowers are usually contractors - or use contractors to do the rehab.  Investment amounts $20K-$100K and LTV 50-60%. If interested l...
11/05/2010
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Paul Luykx

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Mortgage financing news and topics, and meaningful advice for real estate professionals and consumers.