INVESTOR LOAN
Investment property loan (not available for homestead) Purchase, Refi, or Equity
1st lien on property
Up to 70% Loan-to-Value
Fast Close, usually in 7 to 10 days

Rate
  • 11.99% monthly payments
  • 14.99% no payments until sold or due

Term
  • 12 months

Cost
  • 2.5 points
  • $800 Lender processing fee for processing, inspection, underwriting
  • Actual costs for Attorney doc fee, Lenders Title policy, standard closing fees
  • Cost of 2 points if paid off within 7 months
  • Loan Servicing Company required, $150 setup, $25/mo
  • Prepay taxes and insurance at closing
  • No Appraisal or Survey in most cases

Criteria Review
  • Property review by lender (no charge)
  • Basic written plan for Property
  • No personal guarantee required

Basic items needed for initial review...
  • Property address
  • Copy of Contract (if a purchase)
  • Authorization for Credit pull

Once approved, final items to complete loan...
  • Entity docs (LLC, C-Corp, etc.)
  • Insurance quote for 12-month policy to be paid at closing
  • $150 Earnest Money to Title Company
  • Preferred Title Company: Stewart Title Company, 8739 Bandera Road, SATX 78250

CALL ROBERT AT (210)394-3474