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I have done numerous loans for investors during the past 7 years. I advertise to Real Estate investors and have done every type of loan situation you can imagine. I know all the banks that lend on 1 to 4 units. Let me share my vast amount of experience in getting you the best loan for your investment property. The lower your payment, the more you cash flow. As you know, since July 2007, guidelines and parameters have changed dramatically. Please, Call me for a free mortgage analysis, 480-390-2123 or email me at Mani555@aol.com. General Guidelines, Parameters & Loan to Values 1) Appraisals for cash out refinance, must have owned property for one year. 2) Rate & Term refinance you can use appraisal after 6 months. 3) Purchases on 1 & 2 units, 80% LTV, full & stated income. 4) All stated incomes must meet normal guidelines for job description. Verified assets of as much as 4 times monthly income the norm with most lenders after ther reaserve requirements. 5) Reserve requirements range from 6 to 12 months of mortgage payments in reserve. 6) 3 to 4 units LTV for purchases & refinances vary from bank to bank based upon a variety of underwriting guidelines. ie: FICO's, reserves, Full or stated, length of ownership, ect. Call with your individual scenario. 7) As of July 22,2008 Fannie Mae & Freddie Mac guidelines limit lending to borrowers with less than 5 mortgages or properties. 8) No stated income on condos. Michael 'Mani' Bongiovanni - 8330 East Hartford Drive Suite 101 - Scottsdale, AZ 85255 Cell Phone: 480-390-2123 Fax: 480-609-4111 Email: mani555@aol.com :: Investment Loans 1 to 4 units :: Private Money Loans :: Commercial Loans :: Primary Residential Loans :: FHA Investor Refinance :: FHA & HUD Loans :: Reverse Mortgage :: Real Estate Investors :: Loan Programs :: ARM Loans :: Interest Only :: Zero Down :: Reverse Mortgages :: Home Equity Loan :: Loan Process :: Pre-Qualify :: Loan Application Instructions :: Purchasing :: Need Cash? :: Refinance :: Contact Us :: Tell-A-Friend :: About Us :: Appraisers :: ATTORNEY :: Identity Protection :: Title & Escrow :: FAQ :: Glossary :: Forms :: Rate Alert :: Request Loan Status :: Library :: Credit Report :: Marketplace :: We lend in the following states: AZ & WA. Mortgage Banker & Broker Bk-0904318 
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