All Forum Posts by: Craig Warner

We do not have this requirement.

Hello, 

Perhaps your lender was talking about NonQm loans being unregulated? I wouldn't pay points unless you are trying to "buydown" the interest rate, which doesn't always make sense, depending on your length of ownership and "breakeven" time.

Properties held title in an LLC can offer protection from personal lawsuits, but we still require personal guarantees on our loans.

Let me know how I can be of service.

Thanks

Craig

Not that I'm aware of....you need skin in the game. Wish I had a source for you.

Need more info. What is the estimated value today, what is the current balance on the bridge, what is your current score, what is the current gross rents.

Be happy to help discuss.

Thanks

Craig

DSCR is the way to go, long term 30, 40-year terms IO too. Reach out if you need more detailed info.

Thanks

Craig

I believe you can click my profile and all contact info should be provided. If for some reason it doesn't work let me know.

 We can help with that if the property is not in a rural location. Let's connect and talk.

Hi Matthew, 

Hard to tell without knowing your current rate and more of the overall scenario.

Thanks

Craig

I'm working on this request for you. 

Hi,

I'd be happy you help you on your long-term financing when your project is completed. We have very aggressive pricing on all our NonQm pricing, specifically DSCR program, and also any owner-occupied loans as well for self-employed borrowers where we'll use 12-months business bank statements as income.

Give me a call when ready for a quote. 

Thanks

Craig