Posted Oct 28, 2013 | Hits: 63 | Stock No: #23943828
Below are some of the highlights:
1. Available for 203b, Full 203k and Streamline 203k.
2. Borrowers must have 12 month verifiable rent along with 2 utilities added to the credit report.
3. Proposed payment may not be more than 10% higher than the current rent.
4. Gifts are allowed after borrowers 3.5% investment.
This is an excellent program for borrowers currently renting with less than perfect credit.
See me for an FHA Mortgage after a Foreclosure, Bankruptcy or Short Sale in the past 12 months.
Buy or Refinance After Foreclosure with low interest rates and home values rising, borrowers are now re-entering the market and qualifying for new loans after foreclosure and short sale. Clients of the Perpetual Funding Group are getting approved after Foreclosure or Bankruptcy to even refinance their primary residence loan to rates in the 4% range after foreclosure or short sale
Perpetual Financial is a residential and commercial mortgage lender. We help consumers purchase & refinance residential property, and can also help businesses purchase commercial property. We also work with investors for hard money/rehab loans. Please do not hesitate to contact me with any further questions.
Your Partner for Success,
Richard Simpson NMLS# 1068719
Mortgage Loan Officer
Perpetual Financial Group, Inc.
Lender License# 17706 NMLS# 136261