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8 April 2020 | 35 replies
Their website reads: 5 year fully amortizing loan No credit check No income verification No prepay penalty Foreign nationals eligible 6% seller contributions allowed Just 35% down payment required Appraisal required and property must appraise for at least the sales price of the home (will consider physically distressed homes, but no burnouts) Title must be clear of all liens and encumbrances Close in one week Borrowers can be US residents, foreign nationals, corporations, partnerships or LLCs (proof of good standing required) Loans made to investors only Purchase money loans only (no refinances) Properties must be single family residences (1-4 units) No manufactured, condos, log homes or vacant land Minimum loan amount $20,000, maximum $100,000 Limit 5 loans per borrower at any one time (exceptions considered but not guaranteed) States where our loan product is available:AL, AK, AZ, CA, CT, DE, FL, GA, IL, IN, KY, LA, MD, MO, MS, MI, MT, ND, NH, NJ, NM, NY, OH, OK, OR, PA, RI, TN, TX, UT, VT, VA, WA, WV, WY.States where our loan product is NOT available:AR, CO, HI, ID, IA, KS, ME, MA, MN, NE, NV, NC, SC, SD, WI.Unfortunately WI is on the list of "not eligible" however just thought I'd throw this out there.
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6 November 2013 | 8 replies
I am not all that familiar with Utah MLO laws, but many states will require that company to have and hold a MLO license and perhaps company license.
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10 August 2023 | 127 replies
To answer some questions..It is a SFR in Park City, UT.
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9 September 2016 | 31 replies
I only buy out of state as my market here in Utah just isn't as good as I can get out in the midwest.
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12 January 2021 | 10 replies
I am 113 miles north of Vegas in St George Utah but would love to meet up over coffee if U can arrange to get away.
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16 June 2017 | 8 replies
Hello everyone, I'm a realtor with KW and currently work with some investors from Utah.
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27 December 2021 | 11 replies
Mountain America Credit Union in Utah, Idaho, Montana, Nevada, Arizona, New Mexico. 85% LTV, promo rate of 1.99%.
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1 December 2016 | 28 replies
The rental market in Utah is strong in every metro area you mention.
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12 October 2020 | 10 replies
., Illinois, Iowa, Kansas, Minnesota, Missouri, Montana, Nevada, North Dakota, Oklahoma, Tennessee, Texas, Utah and Wisconsin.
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13 November 2020 | 13 replies
I have used Airdna to analyze the Kansas City market and also Utah markets and it’s never been close.