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All Forum Posts by: Brandon Croucier

Brandon Croucier has started 0 posts and replied 461 times.

Post: How can I find lenders to give me a mortgage if my only income is 1099?

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

Hi Victor, there are products such as DSCR loans as well as Bank Statement & 1099 programs that would fit your situation perfectly!

Post: What stands out to you on this initial cost worksheet?

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

Most go down to 75K and charge a minimum fee for their time. I sent you a PM on what I can do.

Post: Anyone getting a 5% loan?

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

I have products that allow 90% CLTV, meaning if you have someone to come in 2nd, you can come in with 10% down. 0-5% is not going to happen, this is not 08'.

Post: Less than 2 years of consistant employment

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

12 month bank statement program seems like the best bet. Would love to connect and see how I can assist you a bit further.

Post: Can/should I work with multiple lenders?

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

I do not work with clients openly working with other lenders as I value my time and would rather spend it with a serious client.

Post: Down-payment gift from spouse

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

This wouldn't be an issue as gifts up to 100% are alowed,under my company from immediate family members. Could also just put the property into an LLC, allocating the funds into a LLC owned bank account using you to sign. Numerous ways of getting this done, lets connect!

Post: Funding a long term rental but don't want to put 20% down for a DSCR loan

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

Hi Bruno,

I have a new 15% down DSCR Product!

Let's connect!

Post: Looking for referrals of DSCR lenders

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

Hi Tianyi,

We can definently assist you, let's connect so I can understand your needs a bit more in depth!

Post: Cash out of a rental without showing income

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198

I can get you up to 75% Cashout with just a 650 Fico on Mixed Use! Let's connect!

Post: Vacation Home Loan 5% down

Brandon Croucier
Lender
#3 Private Lending & Conventional Mortgage Advice Contributor
Posted
  • Lender
  • Newport Beach, CA
  • Posts 497
  • Votes 198
Quote from @Nathan Frost:
Quote from @Brandon Croucier:

No products 5% down on 2nd homes or investment, it not 08' just yet. They must be claiming it to be a primary.

What can you do?

 I can do 10% down on second home in TX,CA or FL

15% down on DSCR for investment in most states