Do you have the income but not the down payment? This loan program will help you purchase a bigger home with less down payment, keep money available for investing or allow you to not need to sell stock to buy your dream home.
Solution: One lender in California is offering this portfolio loan program. Purchase loan parameters:
- 5% down to $1.5 million
- 680 FICO minimum
- Owner occupied
- SFD, condo, townhome (no manufactured)
- 30 year fixed, 5/5, 7/1, 10/1 ARM’s available
Example: $1.5 million purchase, $1.425 million loan, 755 FICO = 4.875% 30 year fixed, 5.136% APR, $7,541 P&I, $581.88/mo. PMI, $10,946.20 total charges and prepaids. Or, 10/1 ARM at 4.25%.
Rave review on Google:
“Dan Stone has been very helpful in helping us refinance our house. We decided to stay with our original lender, but Dan’s advice and expertise helped us to not only get a competitive rate, but also led to the lender waiving some of their fees.” -Mike D.
“Dan Stone has been very helpful in helping us refinance our house. We decided to stay with our original lender, but Dan’s advice and expertise helped us to not only get a competitive rate, but also led to the lender waiving some of their fees.” -Mike D.
Call 714-310-4162 for more information.