Do you have transactions in California that make sense but are tough to place through institutional lenders, and deserve better than most hard money terms? Montecito Financial is a lender that you may want to consider contacting.
In addition to my business as a mortgage broker, I am representing this product on a wholesale basis through mortgage brokers who are licensed in California.
Here are some of the features of the product we are offering:
- Loan amounts to $8 million and more by exception
- unlimited cash-out
- 75% max loan to value
- primary residence, vacation homes, investment property, and commercial property
- full documentation or stated income
- rate reductions for <45% LTV, full documentation, and 720+ scores
Do you need help structuring a loan, or getting a rate quote? Call me at (650) 222-0386, or e-mail me.
This is not an offer for extension of credit or a commitment to lend. All loans must satisfy company underwriting guidelines. Information and pricing are subject to change without notice. This is not an offer to enter into a rate lock agreement under any state law.
