Realtors, Loan officers, lawyers, Builders and developers I would love to network with you.

By
Services for Real Estate Pros with 011-972-52-7700588

Check out these guidelines. In this market you must be creative!!!

Underwriting

Fico - No minimum... 400 OK! 300 OK!  No Credit Check!

Ratios - 55% DTI max

Credit - Bankruptcy OK! Foreclosure OK!  Judgments OK!, Collections and tax liens OK!

Income limits - No limits

First time buyer - Available for 1st and any other buyer.

Occupancy - Owner occupied only.  Non owner occupied optional on a case by case basis

Down Payment - Minimum of 10% - "Zero percent" option may also be available on a case by case basis

Reserves - 1 month PITI can be from gift or seller contribution.

Gift - Can be used for closing costs and down payment.

Seller Contribution - No problem

Employment - Must have a job. Short of an employment history OK!

Self Employed - needs to prove a income Verified by an independent 3rd party                                   

Appraisal - One full appraisal required.

Max Properties - May own other properties.  

Locations - All 50 States  

Please check my profile for more information or you can call me @ 718-344-2908

P.S.

We are NOT banks, mortgage brokers, loan officers or mortgage company.

Comments (10)

Pat Tasker
Shorewest Realtors - Germantown, WI
Your Milwaukee Metro Area Agent (WI)

Isn't this what got us in the trouble we've seen destroy our financial and real estate markets?

 

Dec 27, 2008 01:51 PM
Dinah Lee Griffey
Windermere Peninsula Properties - Allyn, WA
Managing Broker Windermere Peninsula Properties

That is amazing. Have you had many takers? It sounds good.

Dec 27, 2008 01:53 PM
Yossi 011-972-52-7700588
011-972-52-7700588 - Brooklyn, NY

Pat, not it all ...... Please read my profile before you comment :)

Dec 27, 2008 01:57 PM
Russ Ravary ~ Metro Detroit Realtor call (248) 310-6239
Real Estate One - Commerce, MI
Michigan homes for sale ~ yesmyrealtor@gmail.com

Good luck on your venture.  I hope you are not getting in over your head. Bad credit people don't pay and you may end up with some homes.

Dec 27, 2008 02:18 PM
Yossi 011-972-52-7700588
011-972-52-7700588 - Brooklyn, NY

Dinha,

With our program and large network of credit partner you can increase your business tremendously and you can help also buyers with NO CREDIT or buyers that just went true Bankruptcy or Foreclosure.

Dec 27, 2008 02:24 PM
Yossi 011-972-52-7700588
011-972-52-7700588 - Brooklyn, NY

Russ,

Thank you for your consideration, BUT for more then 20 years i make a comfortable living working with "Bad" credit people. so if you have any builders or developers friends that have unsold inventory, we can solve their problem very fast with "Bad credit people" and with our network of great credit people...

Thanks

Yossi

Dec 27, 2008 02:46 PM
Denise Gray
Realty World Alliance - Wichita, KS
Realtor SRES, Wichita Kansas Homes

Yossi, sounds intriguing. What is your turn around time?

Dec 27, 2008 10:31 PM
Yossi 011-972-52-7700588
011-972-52-7700588 - Brooklyn, NY

Hey  Denise,

The turn around is no more then 20 days to have one of our network to underwrite the deal.

Dec 28, 2008 12:28 AM
Josh David
Bridgeview Bank Mortgage - Tampa, FL
Purchase Specialist... www.joshdavid.us

Yossi, happy new year hombre! Let's close some business together in 2009, I can provide transactional funding up to $50B for the day...

JD

Jan 01, 2009 06:06 AM
Amy O'Laughlin
Broken Arrow, OK

(as I am looking quizzically at my monitor...) I like your style, Yossie-I had some good laughs!

Jan 30, 2009 03:56 PM