All Forum Posts by: Michael Corso

We are looking for brokers for our programs to earn commission on our 100% Financing Program. 

Also we have all programs from 80% LTC - 100% LTC - Stop loosing customers because of denials.

We offer $50.00 per submitted application full commission at closing.

We lend most deals direct and also partner with other lenders as well, the chances of getting a file approved with us are better than anywhere else because of our super selling programs.

All brokers are protected on HUD and getting started is easy download our application for customer to fill out HERE

Submit us a full package which includes:

• Application
• Sale Purchase Contract
• Drivers License
• LLC Docs (Formation, Oper Agree & Standing)
• Credit Report (Report or Snapshot)
• Experience History
• EIN Letter
• In the email let us know what the deal summary is along with the amount you wish to charge.
• Questions please call us at 856-279-8359 or visit https://www.imndirect.net/brokers
  
  

REAL 100% FINANCING

Are you looking for true 100% loans to buy real estate. We have 2 types for 100% Flip Funding. A JV and a NON-JV program.

This is for experienced or rookies with rates from 9% APR. No payments for the first 6 months.

We offer this program to all investors, NO cash is due up front except for Appraisal, Credit Report Fee and minor stuff after you receive a commitment letter from underwriting that you are approved for financing.

If you would like to learn more call/text 856-279-8359

REAL 100% FINANCING

Are you looking for true 100% loans to buy real estate. We have 2 types for 100% Flip Funding. A JV and a NON-JV program.

This is for experienced or rookies with rates from 9% APR. No payments for the first 6 months.

We offer this program to all investors, NO cash is due up front except for Appraisal, Credit Report Fee and minor stuff after you receive a commitment letter from underwriting that you are approved for financing.

If you would like to learn more call/text 856-279-8359

How many deals have you done in the past

Key Facts About Our Fix & Flip Loans

• Rates as low as 6.75%
• Exposure limit up to $10MM with individual loan amounts from $50K to $2MM

• Financing for up to 90% of acquisition costs and 100% of renovation expenses, up to 75% After Repair Value
• Exposure Limit options available for borrowers with zero experience

Questions Call 609-365-0001 x100

1. Up-to-date on all the mortgage rates, terms and re-payment options available on the market.
2. They only specialize in mortgages and are knowledgeable on current trends.
3. They increase competition in the market place, thus keeping rates low.
4. They save you time and money!
5. Brokers have vested interest in satisfying your needs since they rely on referrals and repeat business.
6. Access to different lenders, banks, trust companies, investors and financial institutions.
7. Fast credit and loan pre-approvals with no cost or obligation. (Some conditions may apply)
8. They are experts at matching you with the best-suited mortgage.
9. Get mortgage rates at wholesale, guaranteed up to 120 days.
10. They work for YOU, not the bank.

Mortgage Brokers are independent, trained professionals licensed to represent and provide you with the best advice for your mortgage needs!

A Mortgage Broker's primary expertise is locating funding for mortgage financing. They know where the best rates can be found. What's more, they have the knowledge required to present a proposal for financing to lenders in the best way possible to successfully obtain mortgage financing.

Mortgage Brokers work hard for YOU and NOT the banks!

Brokers are not limited in the product they can offer you. Brokers seek out the best lender package to suit your specific situation, whether it’s with a Chartered Bank, Trust or Insurance Company, or Private Funds.

There is a wide assortment of options and features available to homebuyers today. Shopping around takes a lot of time and effort. The mortgage process within today's very competitive marketplace intimidates many Canadian homebuyers. It pays to work with a mortgage professional who will represent you and ensure the mortgage you get is the one best suited to your needs.

Choosing the wrong mortgage can cost you thousands of extra dollars.

Mortgage Brokers are trained professionals who can help you save on your mortgage dollar.

JV stands for Joint Venture ! Structured joint venture financing maximizes cash flow potential for the borrower by including the lender as an additional investor in the project. Similar to a partnership, but only for a specific project, a joint venture is a contractual agreement between two or more parties to share in the costs, profits and losses associated with the venture.

A borrower may not initially be searching for a partner in a project, but some recognize the value of a sharing equity in a joint venture over traditional financing. When joining together with additional investors, your business gains a competitive advantage, since it is now able to pursue larger opportunities. An investor should look to partner with a lender who can create value for the project in ways that they can’t. This value can be anything from more effective property management to asset rehabilitation.

Yes you can get a loan with ZERO income. Usually a good idea to have either credit 680 Plus or a down payment.

100% Purch/Rehab Flip Loans Options :

680 Fico: 11%APR - 3-5 Pts - Just need Close Cash - Taxes - 2+ Experience Deals - Must be Homeowner - Pay IO mo

500 Fico: 9%APR - 3-5 Pts - Just Pay Appraisal - No Taxes - No Experience - JV 60/40Bank Split - No Payments

90% Purchase / 100% Rehab Flip Loan Options :

620 Fico: 8-11% APR based on Experience - 2-4 Pts - Lite Doc - No Taxes - Reserve Required - Fast Close

75% Purchase / 100% Rehab Flip Loan Options :

600 Fico: 7-10% APR Based on Experience - 1-3 Pts - Lite Doc - No Reserve - Can put up to 3 payments in loan

80% - 30 Year Landlord Loan Hold Options :

620 Fico: 5.5% up APR - 1-2 Pts - 5/1, 7/1 and 10/1 ARM options - 21 Day Close

Why Choose IMN Direct Capital LLC ?

• We always answer the phone or return calls within minutes unlike other lenders
• We lend in all states
• We lend on Residential, Commercial, Mix Use, Condo Conversion and New Construction
• Painless document collection

Ready to get started Download Application HERE and email it to [email protected]

Questions Call 609-365-0001 x100