90% Stated Income Loan for Southern California Property Flippers | Bridge Loan - No Minimum FICO Score
BanCorp Real Estate Group releases its 90% LTV Stated Income, No Income Verification, No FICO Score Mortgage for Bridge Loan and Property Flippers in Southern California. BanCorp Realty is able to offer this perfect bridge loan to investors and property flippers with no junk fees and no prepayment penalties. This is an interest only rate loan with rates starting at 8.5% and there is no better financing source for “Flip Investors”. The main underwriting criteria for this loan is we want to see a previous track-record that the investor has flipped properties.
BanCorp Realty is one of the fastest growing real estate agencies in Southern California. To learn more about BanCorp Realty please visit us at www.bancorprealty.com “Join Us”. Any Realtor coming on board with BanCorp Realty will have access to this financing and we project that this funding source will run through Q4 2015 at this high LTV. If you believe that people are more important than profit, you are a professional with high integrity and believe that you would bring a value-added to BanCorp Realty, we would love to speak with you.
You can request additional information at careers@bancorprealty.com or if you prefer, speak with Greg Steinaker directly at 949.632.7006. When you visit our website www.bancorprealty.com you will quickly notice that we are original and that we are master marketers. We are in the process of building out our presence in South Orange County, and are looking to bring on high quality Realtor’s in other selected regions in Southern California.
If you are a real estate professional and would like access to this special financing program or if you would simply like to join a dynamic real estate agency that is effecting change in each community that we work in - contact BanCorp today. We are audacious and we are far more effective than the other large Southern California Realtor's, we buy and sell real estate faster than anyone else – this is why we trademarked easier and faster™. When we get our clients in and out of the real estate transaction faster it allows them to start building short term equity and long term wealth faster – directly benefiting the client.
Program Highlights
Up to $1mm
Up to 90%
Rates start at 8.5%
12 month term
Amortized: 1/30 1/40
No Fund Control for repairs
From The Desk of C.E.O. Greg Steinaker
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