Have the banks turned you down for a mortgage on your rental property?
Are you running into any of the following problems:
Not enough reserves? The property needs repairs? Credit score not high enough for the banks? Banks asking for excessive documentation? The bank can't move fast enough? Banks won't allow gift funds for any of the down payment?
If you are running into any of these problems, we may be able to help. We don't have any specific credit score requirements, reserve requirements or limitations on the source of your down payment.
The most important requirements we have are that you must have at least 35% down payment and be able to afford the monthly payment.
Call today to get answers to your questions and find out how we can help you.
ARC Capital (707) 523-2900 California Bureau of Real Estate License #01232889 NMLS License# 309743/375764 Equal housing lender