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OUR
NON-NEGOTIABLE
RATES,
TERMS
&
CONDITIONS
Note:
Terms/Fees/Rates/Payment are NON-NEGOTIABLE!!!
Fees/Expenses/Rates:
Rate:
15-16% Interest Only Payment
(Lower
Rate may be offered for Jumbo loan sizes or special
property type and is considered on a case by case basis
only)
Terms:
1
year note, (money due in 12 month) with extension option
of up to 2 additional years*"
No payments
for 90 days after loan is closed**
(**3 months
interest held in escrow & collected up front at closing
deducted from gross proceeds)
"Up to 2
additional years of same loan terms w/no balloon in the
12th month with a request of extension at end of term
and as longs as all scheduled payments have been made on
time.
Fees:
Private
Investor Fee (Lender): 5 points
Mortgage
Broker Fee (us): 5 points
Attorney
Closing Fee: $850
Title
Report/Insurance: $450
Misc fees:
$250
Note:
"After your
loan is approved, and you accept the written proposal
provided to you by us/the investor, a $300-$500 Title
Deposit is required upfront to begin the Legal Title
work and processing of documents. This deposit is
credited back to you at closing, but is
NON-REFUNDABLE after we begin this process, and you
choose not to close your loan for any reason.
Qualification requirements:
NONE!!!!!
No Income
Check
No Asset
Check
No Credit
Check
No
Questions.....
Closings in
as little as two weeks.
Loan Parameters:
Maximum
60-70% based on fair market
value
Unlimited Loan Size/Unlimited Cash Out.
State of Ga
property.
Expected Turn Time:
2 weeks or
Less to close. (Title issues and/or liens may cause some
delay)
Items
Needed:
*Warranty
Deed (or Quit Claim Deed)
*Survey (if
available)-Can be obtained at county courthouse
*Property
Tax Bill (optional)

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