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Avoid Foreclosure!
Qualification for Foreclosure Avoidance
Home | Loans we do | Chapter 13 Loans

 Equity lenders base funding for foreclosures on the property value and its marketability. funding is very fast, in most cases.

BORROWERS TYPE...Loans available to..?

  1. Builders,realtors,developers
  2. Corporation, trusts & other legal entities
  3. Estate..Property in probate
  4. Foreign corporation
  5. Non-owner SFR-if more than 4 financed properties
  6. Non-resident alien
  7. Owner-builder
  8. Self-employed borrower-custom construction
  9. Self-employed for one year

                              We will do the unusual!!

LOAN: TYPE/PURPOSE.

  1. Bridge
  2. Construction completion loan
  3. Construction,custom (SFR)
  4. Foreclosure avoidance loan
  5. Note purchased
  6. Remodle/Rehab loans
  7. Seasoning-none required Non-Owner occupied
  8. Seasoning-none required Owner occupied

 

CHAPTER 13 LOANS:   Re-Finance out of bankruptcy NOW!!   Click here

MIN CREDIT SCORE.( 400)
MIN DEBT RATIO.(45%)
 

              Residential  Property

  • In Foreclosure or Bankruptcy
  • Max Loan Amount. $15 + million
  • Max LTV.75%

NOTE: Mortgage delinquent determines Max LTV

Commercial Loans max LTV in Foreclosure is 75%
Loan amounts $100,000 up to $150,000,000 +

Multi-Family Properties in Foreclosure Max LTV 75% Loan amounts $50,000 up to $150,000,000

5 + UNITS on Multi-Family properties

Joint Ventures  Consider all types of properties Funding from $500,000 up to $350,000,000

Pre-qualify for a foreclosure avoidance loan  HERE!!

 

Direct Mortgage Corp.
4 Carriage lane suite 404
Charleston,SC 29407
 
Phone:(843) 769-9810 ext29
Fax    :(843)302-2063

E-Mail. ME

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