Secret Private Money: 13 Scenarios California Direct Private Portfolio Lender Funded When Banks Said “NO”

Thanks for being here. In this posting I will show you several portfolio scenarios that can help you close more transactions when other conventional lenders tell you and your client NO.

As a bonus check out my crash course on some of the most common lending questions for first time home buyers.

When you have questions contact me here now. I would love to talk to you.

14 SECRET Private Money SCENARIOS TO FUNDINGS

Other banks don’t want you to know about these secret portfolio lending options that are available on non agency guidelines.

Put Jason Wheeler and C2 Financial in your “tool box” to get those challenging loans and Real Estate transactions done…

OTHERS READ: DEBT REDUCTION CALCULATOR SNOWBALL TRAINING

KEEP READING BELOW FOR OUR LATEST 13 PRIVATE MONEY FUNDING SCENARIOS

When others said “NO” We said YES you can…

Choose your own appraiser (This alone is worth it)

Close at lighting speed (My best is 6 days from submission to funding)

Get Fannie and Freddie exceptions…

YUP… We specialize in private portfolio lending when other banks tell you NO.

Give us a call… But wait a minute, hears the deal… We can’t fund EVERY loan we DO have investors we have to make money for… and we DO have to underwrite the files and we DO want these portfolio deals to be “solid” and PAID BACK. In many cases… we can sure do a lot more than most of those “other guys”

Simply defined, a “portfolio lender” is a bank or other lending institution that makes mortgage loans with the intention of holding the loans in their investment portfolios. Portfolio lenders can often offer consumers greater flexibility in the loan granting process, as well as down the road, than lenders who make mortgage loans with the intention of selling them – either immediately or at some time during the term. BY THE WAY… WE ARE HIRING EXPERIENCED LOAN OFFICERS

If you are not sure and you are wondering “What is Portfolio Lending”

WE ANSWER THAT QUESTION FOR YOU RIGHT HERE

LOANS WE FUNDED… OTHER BANKS SAID “NO”

Self Employed borrower that needed tax transcripts from the IRS in order to close a conventional or FHA loan? WE WAIVED IRS TRANSCRIPTS
Property was 30 acre parcel and conventional lenders would not lend. We required 2 appraisals, but got it done for them…… Funded
619 FICO with collections; borrowers selling a hotel they lived in for the DP. FHA deal door to door in 15 business days….. Funded
YOUR appraiser!: HVCC appraiser failed to value a unique property and the broker needed to use an appraiser from that area to get a good appraisal….. Funded
Retired borrower with only 1 year of receipt of annuity income.Agency needs two years…..Funded
Loss carryover on taxes made the income a negative, we look for true cash flow and therefore were able to qualify….. Funded
Met all agency guidelines, but broker needed to close in 5 days. We actually funded on the 4th day of receiving the application….. Funded
DTI a little HIGH: purchase 750 FICO strong borrower but limited income DTI upwards of 50.33% Funded
600K loan cash out to 70% LTV with a 680 fico. Agency required a 740 fico and capped the LTV at 65%…..Funded
Purchase of a second home where the borrower owned more than 4 financed properties…..Funded
SELF Employed Borrower: Borrower is self-employed, but for less than 2 years….. Funded
Borrower recently received a raise but did not with an average as conforming requires. We will take new salary immediately…..Funded
Borrower was self employed and recently changed to a W-2 employee . Again we used the new salary for the new job to qualify….. Funded
Non Occ Co borrower Parents with 5 properties and High DTI; son with less than 1 year of receipt on the job….Dec 10th -dec 30th…15 business days….Funded