All Forum Posts by: Fred Shatzoff

Fico: 680+
Loan Terms: 15-year term (balloons after that). After every 5 years, the rate is fixed again (prime +1). Interest rates are tied to prime. Loan amortized for 25 years.
Loan Size: $100K to No MAX!
Max LTV: 75% for 1-4 unit. 80% for commercial properties!
Debt Service Ratio: 1.25 + Lender does factor in a vacancy rate.
Interest Rate: 4.00% - 6.25%
Property Types: 1-4 UNIT INVESTMENT PROPERTIES! The lender also lends on pure commercial properties as well. No gas stations. Can do hotels if they are flagged.
Pre-Payment Penalty: NONE!
Use of Funds: Purchase, Refinance, Cash-Out Refinance as well! No renovations or ground-up construction! The lender wants the property to be fully renovated and rented or have leases signed with tenants ready to move in. Not big on paying off liens if that is what the investor needs the cash out for.
Seasoning Requirement: NONE ON A REFINANCE!
Asset verification: 3 months of bank statements (last bank statement must show down money, closing costs, and reserves)
Closing Timeframe: 30-45 days!
Territory: DE, PA, Pittsburgh, MD (like Baltimore), Washington DC, Texas (Houston Area and borrowers home must be there too), Alabama, Georgia, Florida, and some areas of NJ for now. Eventually, the program will expand to be nationwide. The lender does not lend in lower populated areas for now
Lender Fee: Once the lender has a good feeling then can do the deal a non-refundable $450 application fee is taken. At closing the lender then only charges 1 point Liquidity Requirement: Does not have an exact requirement but they want the borrower to still have cash on hand after the closing
Special: All principles over 20% need to personally guarantee the loan. Can consider working with foreign nationals as long as they are legally in the US and they must have US credit.
Required Loan Docs:

To analyze the deal the lender needs upfront:

• 3 years tax returns (personal & business)
• PFS
• Purchase and sales contract
• past appraisals (if applicable)
• current leases
• rent roll
• Income and expense reports (Year to Date & Past 2 years)
• The lender does a global DTI
• Property and tax returns need to debt service

To Find out More Contact Fred Shatzoff 551-272-9066 or [email protected]

There are incredible opportunities for real estate investors nationwide! Don’t limit your buying options to local or even regional. That opportunity may be two states away or the other side of the country. We have you covered with nationwide funding. Apply Now for one of our loan programs!

I would love to help you Fund your next Real Estate deal.
Call Fred Shatzoff Today at 551-272-9066 [email protected]

​Unsecured Credit Lines from $25,000 - $300,000.
0% Interest 9 - 15 Months.
To Qualify You Need a 680 Fico Score.
Start Up Funding.
Buy a Franchise.
Existing Businesses OK.
See how much you can get, Start now RISK FREE.
GET A FREE QUOTE.
GET YOU FREE PRE-APPROVAL.
THERE'S NO EFFECT TO YOUR CREDIT,
TO SEE WHAT YOU QUALIFY FOR.


I would love to help you Fund your next Real Estate deal.
Call Fred Shatzoff Today at 551-272-9066 [email protected]

1. 1.Spec Builds and Model Homes.
2. 2.Loan Terms from 13 months to 24 months.
3. 3.Interest Rates as Low as 8.00%.
4. 4.Up to 85% LTC.
5. 5.Up to 65% LTV.
6. 6.Minimum Credit Score of 660.
7. 7.Experience as a GC on 5 or more builds.
8. 8.1 – 4 Families.
9. 9.Minimum Loan Amount $100,000.
10. 10.Maximum Loan Amount $2,500,000.

I would love to help you Fund your next Real Estate deal.
Call Fred Shatzoff Today at 551-272-9066 [email protected]

The Programs we offer are as follows:

Fix & Flip Funding

1. Up to 90% of Purchase Price.

2. Up to 100% of Rehab Costs.

3. Up to 75% After Repair Value.

4. Minimum Credit Score 660.

5. 1 - 4 Families.

6. Loan Amounts from $75,000 - $2,500,000.

7. New Investors OK.

8. Rates from 7.50% to 9.99%.

Long Term Rental Financing 30 Year Term

1. Up to 75% LTV Refi and Up to 80% LTV on Purchases.

2. 1 - 4 Families.

3. Loan Amounts $50,000 - $1,000,000.

4. 30 Year Fixed Rate, 5/1 ARM and 7/1 ARM.

5. Credit Scores as Low as 660.

6. Funding Available in most states.

7. No Limit on Amount of Loans.

8. Rates from 5% to 7.5%.

Fix 2 Rent

1. One time close.

2. 13 Month Interest Only construction period.

3. Converts to Long Term Rental once rehab is complete.

4. Loans up to $2,000,000.

5. Up to 90% LTC and 70% LTV.

6. Single loan equals savings on fees.

I would love to help you Fund your next Real Estate deal.
Call Fred Shatzoff Today at 551-272-9066 [email protected]

Fix & Flip Loan!

Are you a New or Experienced Investor we can help you.

We Lend Nationwide!

1. Up to 90% of Purchase Price.

2. Up to 100% of Rehab Costs.

3. Up to 75% After Repair Value.

4. Minimum Credit Score 660.

5. 1 - 4 Families.

6. Loan Amounts from $75,000 - $2,500,000.

7. New Investors OK.

8. Rates from 7.50% to 9.99%.

I would love to help you Fund your next Real Estate deal.
Call Fred Shatzoff Today at 551-272-9066 [email protected]

Fico: 680+ 

- Loan Terms: 30-year amortization. 5 and a full 30-year fixed option.

-Loan Size: $75K to 2 Million ($500k+ for blanket loans)

-Property Value: Property must be worth at least $75k (each property). The lender does offer blanket loans but they need 3+ properties in order to blanket!-Max LTV:

• 80% on purchase & rate and term refinance if mid fico is 740+
• 75% on a refinance cash out

-Debt Service Ratio: 1.00+-Interest Rate: 5.0%+-Property Types:

• 1 - 4 unit investment properties
• SFR
• 2 - 4 Unit Properties
• PUDs
• Warrantable Condos, and Townhomes
• Can do non-warrantable condos
• No log homes!

-Property Values: The minimum purchase price for a SFR is $100k. The minimum market value for a SFR for a cash-out refinance is $110k.

-Seasoning: 6 months

-Pre-Payment Penalty: 5-year (5%, 4%, 3%, 2%, 1%)

-Reserves: Borrower must have 12 months of PITI payments on hand prior to funding

-Use of Funds: Purchase, Refinance, Cash-Out Refinance

-Lending Territory: Nationwide besides Alaska, North Dakota, South Dakota, Nevada, and Utah

-Closing Time Frame: 30 days

-Appraisal Cost: $500-$600 per property

-Lender Points: 1 lender point with a minimum $2,000 origination fee. They also charge a $1,495 closing fee (per property)!

-Experience: Borrower needs to own their own home and also 1 other investment rental. If they don’t own their primary home, they need to own 3 other investment properties if it is a refinance transaction; if it's a purchase, they need to own 2 other investment properties. If they have 6 months of ownership, investment properties can be vacant.

-Special:

• Works with only Canadian foreign nationals.
• Can be used as a blanket loan if properties are in the same general cities and state.
• Deals over $1M require 2 appraisals.
• The borrower cannot have any BK’s or mortgage lates in the past 3 years.
• No tax returns are needed!
• The property must be fully rehabbed and actually rented out with a 1-year lease!
• The lender offers non-recourse loans with standard carve-outs.

I would love to help you Fund your next Real Estate deal.
Call Fred Shatzoff Today at 551-272-9066 [email protected]

How long have you owned the property?

The Programs we offer are as follows:

Fix & Flip Funding

1. Up to 90% of Purchase Price.

2. Up to 100% of Rehab Costs.

3. Up to 75% After Repair Value.

4. Minimum Credit Score 660.

5. 1 - 4 Families.

6. Loan Amounts from $75,000 - $2,500,000.

7. New Investors OK.

8. Rates from 7.50% to 9.99%.

Long Term Rental Financing 30 Year Term

1. Up to 75% LTV Refi and Up to 80% LTV on Purchases.

2. 1 - 4 Families.

3. Loan Amounts $50,000 - $1,000,000.

4. 30 Year Fixed Rate, 5/1 ARM and 7/1 ARM.

5. Credit Scores as Low as 660.

6. Funding Available in most states.

7. No Limit on Amount of Loans.

8. Rates from 5% to 7.5%.

Fix 2 Rent

1. One time close.

2. 13 Month Interest Only construction period.

3. Converts to Long Term Rental once rehab is complete.

4. Loans up to $2,000,000.

5. Up to 90% LTC and 70% LTV.

6. Single loan equals savings on fees.

I would love to help you Fund your next Real Estate deal.
Call Fred Shatzoff Today at 551-272-9066 [email protected]