|
| |
| Private Money Transactional Loan |
| Private Money 6-Month Term Loan |
| Agency Long Term Home Loans |
| FHA Long Term Home loans |
Rates last updated on Monday, December 14, 2009
|
Private Money Transactional Loan
These loans are designed to allow investors to fund and close the A-to-B transaction just prior to closing the B-to-C transaction. Also, known as back-to-back closings.
Maximum Amount: $1,000,000
|
| |
The term on these loans typically do not exceed 14 days. Fees: 2.5% of the loan amount Plus $495.00 Lender Processing Fee. |
 |
Private Money 6-Month Term Loan
These loans are designed to provide the investor with funds to close on a property with the intention of repairing the property and then to resale it at a profit within a 1 to 6 month time frame.
Term: 12 months
Maximum Amount: $400,000
|
| Rates | Points | APR |
|---|
| 12.5% | 3.5% | 23.396% |
| |
We are looking for investors with a proven track record of knowing how to buy, repair, and resale properties. We will lend up to 70% of either your purchase price or the appraisal, whichever is lower. California residential properties only. |
|
Agency Long Term Home Loans
This is your standard FNMA/FRMC long term loan. We offer terms of either 30 year fixed, 15 year fixed, or a 5/1 Adjustable.
|
| |
These loans are priced as either an "Agency Conforming" or an "Agency Jumbo" loan. See our rate sheet for current pricing or contact us directly. |
|
FHA Long Term Home loans
|
| |
FHA loans are not currently being offered by EAFG. (Coming Soon) |
|
|
|