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Investment Property Only 10% Down |
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Burton Jamison is licensed by the State of Maryland as a Loan Originator (Maryland only) through Compass Point Mortgage Corporation. Call Burton for product availability at 410-643-0222. For Properties In States Other Than Maryland, please go to LowRateMortgages.com home page! For Help With Late Mortgages - LoanModster.com - Do It Yourself Loan Modification Guides. Fannie Mae DU Refi Plus Easy Refinancing Page in all 50 states and D.C. President Obama's Making Home Affordable Loan Program USALowRates.com & Listing of Mortgage Related Domain Names For Sale Fuzzy Floozy Koozies available! Click Here Web Site Design - American Web Page Design CMC is now operating as an advertising service/ lead generator.
Detached or Attached, Condo's & PUD's
Investment
Property
These
Guidelines Are Currenty
For
Properties In States Other Than Maryland,
Loan Amounts to $300,000 (Sales price up to $333,334) Full or Alt Doc Purchase or Refinance to 90% of Value... No Limit to The Number of Properties Owned... May
finance up to 4 properties or a total of $2,000,000...
Minimum "Middle Score" of 620... Six Months P.I.T.I. reserves required... Up to 3% seller contribution towards closing costs... Mortgage Insurance is required... Full
payment on subject property may be counted as debt...lease
Also ask about our 50% Debt Ratio, our 75% + 15% PiggyBack with no Mortgage Insurance, and our Rental Income Offset Option programs... For general program information or loan scenarios please call us locally 410-643-0222 or toll free 888-643-3659; or send an e-mail ...prior to writing the contract... Rates and guidelines subject to change without notice. There is no guarantee that all loans meeting the above criteria will be approved. Over
4 units see our Commercial page, they
are a totally different program.
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