Thursday March 11 , 2010

Recent Transactions

3/2/2010

West Palm Florida Florida Investor Blanket Loan

Loan Amount 300K 7 Free and Clear investor Properties

No appraisals required!!! 9.99% 15 year No prepayment penalty

Funding Time was 3 weeks.

 3/1 2010

Ft Myers 4 Found Plexs. Free& Clear

Two Loans of 250k eash, No apprasials Required

Broker made 2 points on 450k 9,000 Comission

15 year loan, 10.25% No Prepayment Penalty!

Loan Officer had shopped the Deal For 4 months

We fund in 21 Days

 2/27/2010

Strip Center 5000sq foot, Free/Clear

Loan Amount was 300k No appraisal Required

15 year term 10%, Funded in 14 days! Saved

the client $4k in apprasial fees. No prepayment penalty

We funded the loan in 14 days. Client could not believe it!

No upfront fees for you client.

2/25/2010

Foreign National. 50% 2nd Home in West Palm

Loan was $60k Loan Amount. Funded 3 weeks

Rate was 10.25% 15 year, No prepayment

Loan officer made 2.5points

07.24.2009
Refinance of 2nd Home in Davenport, Fl
Loan Amount $75K. Closed in 2 weeks
Loan type: 20 year fixed @ 10.25%

07.15.2009

Refinance of Primary Residence in Davenport, Fl
Loan Amount $25K. Closed in 7 days
Loan type: 30 year fixed @ 12.625%

07.24.2009
Blanket Loan on Investment Properties in New Port Richey, Fl
Loan Amount $125K. Closed in 3 weeks
Loan type: 30 year fixed @ 12%

07.27.2009
O/O SFR Refinance in Tampa, Fl
Loan Amount $110K. Closed in 10 days
Loan type: 20 year fixed @ 10.25% with no prepayment penalty

06.28.2009

Bank REO Purchase in Cape Coral, Fl
Loan Amount $60K. Closed in 10 days
Loan type: 15 year fixed @ 10.25% with no prepayment penalty

06.28.2009

Bank REO Purchase in in Ft lauderdale, Fl
Loan Amount $70K. Closed in 30 days
Loan type: 20 year fixed @ 10.25% with no prepayment penalty

07.01.2009
Commercial Church Refinance in Lakeland, Fl
Loan Amount $100,000K. Closed in 30 days
Loan type: 20 year fixed @ 10.5% with no prepayment penalty

06.30.2009
Owner Occupied Primary Residence SFR in Spring Hills, Fl
Loan Amount $20K. Closed in 5 days
Loan type: 30 year fixed @ 12.65%

06.19.2009
Non Owner Occupied Investment Property in Mt Dora, Fl
Loan Amount $40K. Closed in 5 days
Loan type: 30 year fixed @ 10.5% with no prepayment penalty

06.19.2009
Non Owner Occupied Investment Property in Mt Dora, Fl
Loan Amount $50K. Closed in 5 days
Broker points paid: 3
Loan type: 30 year fixed @ 12.65%

06.18.2009

Free And Clear OO SFR refi in Ft lauderdale, Fl
Loan Amount $45K. Closed in 5 days
Broker points paid: 3
Loan type: 30 year fixed @ 12%

06.18.2009

Free And Clear OO SFR refi in Kissimmee, Fl
Loan Amount $40K. Closed in 4 days
Broker points paid: 3.5
Loan type: 30 year fixed @ 12.75%

05.14.2009
Free And ClearOO SFR refi in Tampa, Fl
Appraised Value - $125K Loan Amount $40K. Closed in 7 days
Broker points paid: 3
Loan type: 30 year fixed @ 12.75%

05.21.2009
Free And Clear NOO Commercial Property in Venice, Fl
Appraised Value - $1.5M Loan Amount $375K. Closed in 30 days
Broker points paid: 2
Loan type: 20 year fixed no prepayment penalty

5.21.2009

Bank REO NOO Full Doc Purchase Orlando, FL
LTV: 50% - $80K Loan Amount.Closed in 10 days
Broker points paid: 2
Loan type: 20 year fixed no prepayment penalty
Rate was 12:65% 30 year fixed
broker made 3 points

5.21.2009
Cross Collateralized Refi of SFR & Mobile Home in St Petersberg, FL
Appraised at $100K - $35K Loan amount. closing time was 15 days due to title problems but corrected

04.23.2009
Free And Clear OO Mobile Home refi in Citra, Fl
Appraised Value - $95K Loan Amount $20K. Closed in 7 days
Broker points paid: 3
Loan type: 30 year fixed @ 12.75%

6.06.2008
Trailer Park In Lakeland, Fl
Appraised Value - $450K Loan Amount $125K. Closed in 5 days

5.29.2008
Construction Loan in Orlando, FL
Appraised at $135K - $45K Loan Amount. Loan was to complete home construction. Short draw schedule implemented

5.27.2008

5 Acres of Raw Land in Lakeland, FL
Appraised at $250K - $100K Loan amount.

Recent Closings

07.24.2009
Blanket Loan on Investment Properties in New Port Richey, Fl
Loan Amount $125K. Closed in 3 weeks
Loan type: 30 year fixed @ 12%

07.27.2009
O/O SFR Refinance in Tampa, Fl
Loan Amount $110K. Closed in 10 days
Loan type: 20 year fixed @ 10.25% with no prepayment penalty


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