Testimonies
- M. Cohen, Los Angeles, CA
I can't thank you enough really. You were incredibly helpful, always answered my questions promptly, and were easily accessible. In fact, Rand, your service was probably better than any service I've received by any individual representing a company in years. I don't know how you manage to do it... Keep up the good work, and expect to hear from me next time I need loan services. Thank you VERY much.
- S & R Kerr, Angels Camp, CA
I must say, I was extremely happy with your service. Your dedication to getting me a loan far surpassed anyone I've worked with in the past. Your relentless search payed off for me and I think you for the effort. You're the pitbull of brokers. You were easy to deal with and never made me intimidated in the process. Your persistence really helped me to "dodge a bullet", so to speak and I'll be forever grateful.
- S. Bender, Staatsburge, NY
The house is great!!! Todd and I are so happy!.. Thank you so much for all your help!
- E. Hernandez, Commack, NY
I want to thank you for all the work you did to get me this loan. You were honest, upfront, and always responded back when I had questions. I will refer you when ever someone is seeking a loan.
Success Stories
True Story #1 - Purchase Loan Success
James wanted to purchase a rental property with stated income... More...
He found an excellent deal on a house, so we had to move quick. First we had to get him his downpayment money. We issued a stated income Heloc from his residence, then we began working on the purchase loan as a stated income/stated asset loan because he was a self employed plumbing contractor. Fortunately his mid credit score was 682, so this made the job easy. The new loan would be for $248,000. The property was a slight fixer, so we got the seller to agree to allow James to fix up a couple issues on the property prior to close to allow the appraisal to pass the underwriters requirements.
The loan closed quickly, with no problems. After we closed, James made some finishing touches on the house and immediately began to rent the property to a new tenant, that he found through www.craigslist.org. Now James is happy with one more rental property added to his investment portfolio.
True Story #2 - Purchase Loan Success
Brian wanted to buy a rehab property to fix and flip..More...
He is a contractor and saw a good deal on a fixer upper. He had an extra construction crew that he needed to keep busy until a couple bigger jobs opened up, so by purchasing this rehab property he could accomplish several things, keep his crew busy, and make some extra money after he fixed the rehab and flipped it.
He had good credit so we closed a stated income heloc on his residence. Then we began the process of his stated income purchase loan for the non-owner rehab property. We arranged for the funding of the purchase and closed with no delay. His downpayment and improvement cost money all came from the heloc on his residence.
He purchased the rehab, we financed it, he sold the propery and made a good profit. He was very happy, the loan process was smooth and easy.
Stated Income Loans
Many people can't rely on their tax returns to prove whether they can afford a mortgage. The self employed and many real estate investors fall into that category. That is where our stated income loan programs comes into play. If you don't want to show your tax returns or paystubs, you don't have to.
- Stated Income/Verified Assets - We state your income [we don't verify income], we verify your assets [your bank acount, investments, 401k, IRA's to verify that you have cash reserves] underwriters like cash reserves, it shows you have the ability to save and assures the underwriter you have cash on hand to make future payments, if you have income problems.
- Stated Income/Stated Assets - We state your income [we don't verify income], and we state your assets [we don't verify your bank accounts, or investments, 401k, IRA's].
We look forward to helping you accomplish your real estate loan needs, dreams and goals.
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