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Updated over 10 years ago,
Need fast lender: VA, VHA, hard money
I need to close on a loan by June 30 which is the end of a lease/option in which I have option money at stake. The lender I am currently working with is asking that two inactive businesses that are in my name be showing as closed on the Sec of State website. This could take well over a month to make happen.
I am looking for a lender who can close quickly and will not require the businesses to be closed. The funds I could use as a down are part of the option money being held by the seller.
Location is Palm Springs, sales price is $380K, value is $425K. Built in 1980's, no real improvements have been done. I would like to fix up.
My credit is over 700, new W2 employment since Feb 2014, plus VA benefit income.
Thanks for all input.