Our region is poised for great growth in the residential and commercial markets. Creating opportunities on both fronts is historically low interest rates. We represent almost two dozen sound financial institutions bringing numerous programs and extremely attractive rates to investors and homeowners alike.
List below are some qualifications for our investment-property purchase/renovation loan program.
1) You have to reside in the metropolitan area
2) You have to have a good bank deposit balance (cash on hand does not count)
3) Credit scores of 640 and above are preferred
4) Two years filed tax returns (previous year needs to be filed)
5) You have to be willing to put up 20% of total cost.
I will also need the following information from you during the application process:
1) A personal financial statement (attached loan application)
2) 2 years personal tax returns with all schedules and w-2’s
3) 2 years business tax returns, if applicable
4) 1 month pay check stubs showing year to date income and/or year to date profit and loss statement from your business
5) 2 months bank statements and your last pension/retirement statement
6) Purchase agreement and legal description
7) Cost breakdown detailing work to be done
You can fax or email the above information. Assurance is also licensed in 9 states and able to offer a comprehensive list of loan products including FHA, VA, and Conventional loans for the purchasers of your property.
Take ACTION NOW and me Chad Mac to sign agreement and schedule date to close.
504-330*2809 / email neworleansrehabdeals@gmail.com
Happy Rehabbing from NewOrleansRehabDeals.com!
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