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Investor Loans

By Scott O'Connor

Mortgage and Lending with American Star Mortgage KC, LLC

July 30, 2007 12:08 PM

New product out on the market for real estate investors. I can blanket many of their residential loans into one Commercial loan and remove it from their personal credit report in many situations. This could benefit your real estate investor in many ways including: helping their credit scores; allow them to buy more properties; get cash out; skip a payment or two; the benefits could be endless depending on the situation.

Let me know if you are interested or have any questions.

Scott O'Connor, American Star Mortgage KC, LLC

Comments(3)

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Peter M . Christopher

Fairfield County Home Inspection LLC - Fairfield, CT

Residential & Commercial Inspections in

Welcome to A/R you find this is s great place to network.

Jul 30, 2007 02:46 PM

Scott O'Connor

American Star Mortgage KC, LLC - Shawnee, KS

Molly, this loan is finally back in the commercial world. It actually existed years ago, mostly with local and regional banks. Now I have an option the any investor can take a look at nationwide. Not every investor will qualify, but I believe it's at least worth their time to take a look at. Credit is not the most important factor with this deal, it depends on the LTV (loan-to-value) and the most importantly on the DSCR (Debt-Service Coverage Ratio). Please let me know if I can answer any more questions for you.

Thanks,

Scott O'Connor

Jul 30, 2007 03:02 PM

Seth Callen

Farmers Insurance - Lawton, OK

This is a great product for a broker to have in his portfolio. Simply put, it makes the broker a much more valuable asset to investors and opens the door for more and better cross-sell opportunites.

Jul 31, 2007 08:07 AM