Anybody ever used Straightline Funding???

[Tim S.]

Anybody ever worked with Straightline Funding before?  I wanted to see if they're legit before I contact them.  Their terms and requirements seems interesting.  See below....

• Subordinate financing (seller held 2nds, etc) is not allowed for down payment
• Loans typically close in 7-14 days
• Your property will be valued via an appraisal costing $475. We may obtain an interior BPO only in some cases at a cost of $200
• No pre-payment penalties apply
• There is no charge to apply for a loan with Straightline
• We do not require tax returns or documented reserves
• We do not charge additional "set up" or "processing" fees
• No ownership seasoning period is required to qualify for a refinance
• We can provide proof of funds letters after receipt of your application and credit authorization form