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REO Pool Acquisition Loans and more
October 12th, 2009 12:25 PM

    REO Pool Acquisition Loans

123 Mortgage Solutions is in partnership with Builders closeout Projects and Investment Lenders to buy, sell and complete Bulk REO Acquisition Loans

Investments packages range $1 Million and up. Our job is to generate your specific closeout demos and your geographical target areas and we only deliver quality

We either have Exclusivity Rights  on all REO products. All of our projects can preform a Quick Close, Clear Marketable Title, Quality Geographical Locations and best price points in the market. We also Identify with each project our connection to the avoid any hidden surpises during the transaction. 

We also offer REO Pool Acquisition Loans:

California and Nationwide Residential

1 Million Minimum Loan Amount

Up to 5 Million Loan Amount

No Prepayment Penalties

Up to 70% of Acquisition

Up to 60% of Market Value

Rates and terms customary are based on Borrowers exit strategy.

Fast closing time


Looking to PURCHASING BULK REO 

  Geographic Locations:

  • Southern California
  • California
  • Illinois
  • Western United States (AZ, CO, NV, OR, WA)
  • Minnesota
  • Florida
  • Texas

  REO Pool Size:

  • No minimum requirement
  • Preferably $2 - $12 million
  • Max $20 million
  • Up to 150 units

Posted by 123 Mortgage Solutions on October 12th, 2009 12:25 PMPost a Comment (3)

No Fico or Credit Score Requirement
October 12th, 2009 12:06 PM
 

1/2% FHA Downpayment Purchase Program

96.5% & 3% Silent Second - For those of you that are buying up to $710,000 Call for geographic limitations.

1st Mortgage @ 5% 30 year Fixed

2nd Mortgage @ 8.25% 15/30 Fixed 

 

Apply Now

3 minute QUICK application

310-734-8469


Posted by 123 Mortgage Solutions on October 12th, 2009 12:06 PMPost a Comment (1)

Rates low as 2.375% with I.O. Option
October 12th, 2009 12:02 PM

1/1 Arm with Interest Only Option

1 Year Libor 1.30

LTV-up to 80% Refi

LTV-Up to 90% Purchase

48 States Approved

1/1----2.375%

3/1----3.25%

Arm's are convertible

620 and above Credit Score requirement 

Apply Now

3 minute QUICK application

310-734-8469


Posted by 123 Mortgage Solutions on October 12th, 2009 12:02 PMPost a Comment (0)

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