Home arrow Mortgage Forums arrow Looking for Mortgage again arrow

looking for a lender that works with investors

Author Message
ksanchez69

Guest







Post Posted: Tue Jun 17, 2008 8:39 am    Post subject: looking for a lender that works with investors
Like 0
Dislike 0

Owns more than 10 houses, I also have a client that owns more than 20 properties looking to refinance their investment homes some cash out some rate and term. 70-75% ltv, self employed family business. 700+ credit
_________________
Need help choosing the right loan? Get free consultation from community lenders/consultant
Philip Lafond

Guest







Post Posted: Tue Jun 17, 2008 10:16 am    Post subject: Investor
Like 0
Dislike 0

I can take a look.. Wachovia's Portfolio has a program for them. Call me

954-258-7593
Icon Mini Profile charlesarmbruster
charles.armbruster
Community Expert
Community Expert

best lender badge

Joined: 12 Oct 2006

Posts: 169
Location: Chandler, AZ
43.85 Dollars($)
Post Posted: Tue Jun 17, 2008 3:05 pm    Post subject:
Like 0
Dislike 0

I'll make the same offer, as a broker for Wachovia's portfolio products, formerly World Mortgage -- they have no limit as to properties owned, but the applicant should be a 'rock star' when it comes to his own 'portfolio.'

Feel free to private message me if you'd like me to take look for you.

_________________
Chuck Armbruster
Phoenix, AZ

payjunction chuck [on facebook]
Icon Mini Profile Jeanette
Jeanette
Community Expert
Community Expert



Joined: 19 Oct 2007

Posts: 121
Location: 760 Lynhaven Parkway, suite 140 Virginia Beach, Virginia
36.28 Dollars($)
Post Posted: Tue Jun 17, 2008 4:57 pm    Post subject:
Like 0
Dislike 0

Mr. Sanchez,

There several lenders in our community that you can choose from and who can offer you a realistic quote. Please click on the link below to get the quote for an investor as yourself.

http://www.mortgagefit.com/quote/


Thanks,
Jeanette Smith
Mortgage Planner
Union Mortgage Group

_________________
Life is like a bull grabit by the horn
Icon Mini Profile charlesarmbruster
charles.armbruster
Community Expert
Community Expert

best lender badge

Joined: 12 Oct 2006

Posts: 169
Location: Chandler, AZ
43.85 Dollars($)
Post Posted: Wed Jun 18, 2008 10:29 am    Post subject:
Like 0
Dislike 0

The rep is correct, but I believe the number is now 6 properties with WACHOVIA. However, when WACHOVIA bought WORLD BANK and their portfolio mortgage business a year ago, they kept the portfolio business intact -- this means that the portfolio division does not resell the asset they write in residential mortgages, so they can name their own underwriting guidelines -- Florida properties included.

I'm happy to discuss this further with you. Or, you can go back to your retail rep -- maybe he cannot offer the portfolio products 'over-the-counter.'

_________________
Chuck Armbruster
Phoenix, AZ

payjunction chuck [on facebook]
Icon Mini Profile charlesarmbruster
charles.armbruster
Community Expert
Community Expert

best lender badge

Joined: 12 Oct 2006

Posts: 169
Location: Chandler, AZ
43.85 Dollars($)
Post Posted: Wed Jun 18, 2008 11:05 am    Post subject:
Like 0
Dislike 0

ksanchez69

I cannot respond to your private messages, since you haven't signed-in to the community -- you have no "PM" button on your posts. If you do so, we can talk on-line. Otherwise, you can email directly.

My phone is 480-785-6634

_________________
Chuck Armbruster
Phoenix, AZ

payjunction chuck [on facebook]
Quick Reply
Your Name
Subject
Image Verification


Can't read the image? click here to refresh
Message body

All times are GMT - 7 Hours
Page 1 of 1

 
Highlights
Bookmark this page
Share |

Helpful References
Mortgage Guide
Mortgage Terms
Mortgage News
Book Center
Shop and Compare lenders
30 Yr. Fixed Vs. 5/1 ARM


Calculators     [View all]
Are you eligible for loan?
How much you can afford?
Calculate monthly payment
Calculate APR


Financial Tools
Credit Repair Tool New
Mortgage Planner
Simple Budgeting Tool


Our Community
MortgageFit Blog
Community Professionals
Community Rewards
Introduce yourself
Website tools


Community Rewards
Five simple ways to earn money with the Mortgage Community.

MortgageFit on Twitter

Followers (265)








Community Chat

We have chosen to apply the Creative Commons Attribution License to all works we publish. This work is licensed under cc by 2.0
Page loaded in 21.076 seconds.