What is our role in helping borrowers with non -traditional loans & Mortgages?
We have relationships with various institutions in Texas.
Our knowledge of acceptable loans, credit and property types eliminate wasted time and effort.
Our Team will prepare:
Package loan and presentation
Includes resume,financial statements, tax returns, analyzing income and assets
Underwriting loan and preparing various structures
Scheduling of interviews and meeting with banks
When reviewing deal:
Questions we may ask : (we ask these on our online portfolio scenario)
Are sure there is not more collateral
More borrower cash
Other collateral: CD, financial instrument, stock and retirement
Oil leases and royalty
We broker loans to various healthy banks with whom we have relationships. We may work with credit unions and other “institutional” lenders as well as our private capital and equity.
Rates can vary from prime + 2 or more and terms from 15 - 30 years.