Lets create the BP LIST OF FLIP FRIENDLY LENDERS!!

[Joaquin Caballero]

In responding to a post on this forum titled "Losing Buyers", I thought of an idea...

Why don't we all contribute to creating a list of "Flip-Friendly" Lenders that don't care abotu title seasoning or only look for a day or two of vested title to fund an end buyer??

I think it will be beneficial for everyone to have nationwide lenders that they can show to their end buyers to legitimize our short sale business.

This would not be an advertisement for any one lender/mortgage broker but a resource for everyone to reference in the future.

Moderators?? Ill give you a day or so to ok this and then I will post some contact for a few guys I recently came across. :D

[Joaquin Caballero]

Ok Jon. Thanks for the guidelines. I will start this thing off an dI encourage everyone else to throw in at least one or two in accordance with the guidelines Jon posted.

I have no financial interest in any of these companies and I have not made a single transaction with any of them. All contact has been over the phone and via email.

Mark Hoffman
PrimeLending, A PlainsCapital Company
512.716.3505
mortgagesbymarkhoffman.com
*Broker based out of Austin, TX - I think they lend in all 50 states

Erika Naegelin
Branch Manager, Prime Lending
Phone: (210) 483-4920
*same as above

Trimark Funding, Inc.
5101 E. La Palma Ave. Ste. 101
Anaheim, CA 92807
Mark Reynolds
(NO NUMBER YET)

Jacob Jacobson
Mortgage Consultant
Wells Fargo Home Mortgage
P6178-011
2121 W Burnside St
Portland, OR 97210
(503) 276-2282 Tel
*spoke on phone, can lend in ALL 50 states and is aware of FHA listing the 90 day rule, is ready to go

Randolph Brooks Federal Credit Union
7700 N Loop 1604 E
San Antonio, TX 78233
(210) 599-4070
*local San Antonio, TX credit union. only lend in greater SA area

Advantage Lending Center
Danielle Burgess
720-320-2023.
Bank of Commerce
www.mybocagent.net
*fellow BP member here who claims she has not tile seasoning on either FHA or conv product as long as deed is recorded - all 50 states

Shawn Kaplan
Access National Mortgage
www.AccessLendingTeam.com
(615) 426-3182 Direct
*all 50 states. highly recommended by a FB friend of mine. not broker but a federally chartered bank

Sun Trust
Tracy Dickson 252-335-2455
https://www.suntrustmortgage.com/homlnh.asp
*can lend in 48 states - never spoke with her as just got contact info yesterday from fellow BP member

ICON
-have been told by several BP members that have used them in the past that they are “flip friendly†but still working on finding a contact for them

PRNG
-same as ICON

These are lenders I have been told will work, but I am working on finding an “inside†contact
-US Bank
-FlagStar
-Bank of America

Hope this helps