Admin

What do you when they're upside down???

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Mortgage and Lending with ICloseLoans4U

 

Community Outreach Lending

 

We are and FDIC Insured Bank, that is capable of handling over 1 Billion Dollars worth of closed transactions per month. We are looking to expand our current business model to working with Brokers/Lenders/Loan Officers in California to assist closing your Refinance transactions within a 30 day period. We have a product line that WORKS for your clients that are upside down. Take a look:

 

Fannie Mae DU Refi Plus:

Existing Fannie Mae Loan

Rate and Term ONLY

Maximum LTV 125%

620 Fico

No Mortgage Insurance (MI)

Can Re-subordinate Current 2nd Mortgages to 999.99%CLTV

Loan Term up to 40 years

All Occupancy Types

All Units

Condo's and PUD's allowed

No Seasoning

$729,750 for 1 unit max Loan Amount

$1,403,400 for 4 unit max Loan Amount

 

Freddie Mac Open Access:

Existing Freddie Mac Loan

Rate and Term ONLY

Maximum LTV 125%

620 Fico

No Mortgage Insurance (MI)

Can Re-subordinate Current 2nd Mortgages to 999.99%CLTV

Loan Term up to 40 years

All Occupancy Types

All Units

Condos must be Freddie Mac Approved

PUD's allowed

No Seasoning

$729,750 for 1 unit max Loan Amount

$1,403,400 for 4 unit max Loan Amount

 

 

 

 

If you have any questions about what we do, or you have a difficult scenario, please don't hesitate to call me directly. Our loans are easy to qualify, and we are very flexible. I have been closing loans for 12 years, and I am very creative when it comes to getting the deal done. Again, please call me with your scenarios, I would be more than happy to go over each deal you have to make sure that your clients get the best rates and service possible.

 

God Bless,

Jason Kishaba Sr.

Community Outreach Lending

4340 Von Karman Suite 400

Newport Beach, Ca. 92660

(949) 724-1019 ext. 2022

(949) 724-1681 fax

(562) 217-9030 Cell

jkishaba@communityoutreachlending.com

www.communityoutreachlending.com

www.loansforlove.com