Monday, February 5, 2007

So your looking for that $1,000,000 home, but got turned down by your bank


Many people have been stuck in your same situation. Usually, the problem lies with income documentation or past credit issues. In today's economy it is very hard to be a conventional client. Many of my personal clients have multiple streams of income. In order for you to go into an institution they usually want 30% for a down payment and a steady well documented income. There are currently lender's that will focus more on the entire loan scenario to see if it fits there lending objectives. These lender's think outside of the box for example, they will lend 90% LTV (Loan to Value) with a 660 FICO score up to a loan amount of $2,000,000.


If you are currently in need of a residential loan from $800,000 to $10,000,000.
Give Gary Martin a call at (909)717-2013 or you can apply using our online mortgage application at http://www.needabetterloan.com

2 comments:

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Anonymous said...

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