Rodney BANAFSHEHA

                 


(310) 488-4020

Residential Lending


  • Fixed Mortgages

  • FHA/ VA Mortgages

  • Adjustable Mortgages

  • Foreign National Loans

  • Reverse Mortgages

  • Interest-only Mortgages

  • Purchase & Refinance

  • Hard Money/ Private Money Loans

  • Self Employed & Extended DTI ratios OK

  • Interest Rate buy downs

  • Quick pre-approvals within 24 Hours

  • Competitive rates

  • In House Under-writing


Immediate cash out available for borrowers who purchased a property for cash. No seasoning required. Home path up to 95%, No MI and No Appraisal required. HARP Fannie Mae and Freddie Mac available up to 105%. Conforming, High Balance, Super Conforming, FHA and Super Jumbo Available. Cash out for 2nd home and N/O/O up to $625,500 with a 620 fico. RECENTLY LISTED PROPERTIES O.K. ONE APPRAISAL

FREDDIE:
    Non-owner to 85%
    ARM 95% LTV
    Streamline condo review up to 90%. NO BUDGET REQUIRED!
    1 YR tax returns ( per AUS)
    NO MIN INVESTMENT FOR DOWN PAYMENT UP TO 95% LTV
    UP TO 6 FINANCED PROPERTIES
    80% cash-out on recently listed properties
 
FNMA:

    No minimum investment up to 97% 1 UNIT 00 LTV….95% for HIGH BAL.
    Home Ready 1 unit up to 97% with reduced MI- Condos are allowed!
    COMMUNITY SECONDS TO 105% LTV
    NON-OCCUPANT COBORROWER – BLENDED RATIOS….NEW!
    AGENCY HIGH BALANCE LTVs THE SAME AS CONFORMING LTVs:
    HIGH BALANCE: 80% CASH OUT, 95 % LTV
    Non-owner to 85%
    UP TO 10 FINANCED properties
    ALIMONY PAYMENT CAN BE REDUCED FROM INCOME VS DEBTS
    Delayed financing
    2-4 unit properties / GIFT FUNDS OK (borrower must bring a min of 5% of their own funds)