California & Florida new conforming loan limits was increased to 625K and if for any reason home is located in a city/county where borrower needs financing above conforming loan limits we have loan programs to help. #california #florida #conformingloans #nonqm #nonconforming #homeloans #mortgageloans #nmls1704105 #elixirmortgagelending --- Support this podcast: https://anchor.fm/arvin-taali/support

Elixir Of Mortgage Lending

New Increased Conforming Loan Limits 625K California & Florida

2021 has been an optimistic year for our investors and financing Long Term Rentals nationwide for non-owner occupied investors with much improved rates as well as terms. This form of financing can be used for vacation rentals 1-4 units and 5+ units multi-family. #nmls1704105 #elixirmortgagelending #longtermrentals #nationwide #nonowneroccupied --- Support this podcast: https://anchor.fm/arvin-taali/support

Long Term Rental Financing Nationwide Updates 2021

Long Term Rental Investment Property Financing Or Refinance Of Multiple Properties As A Blanket Single Transaction. --- Support this podcast: https://anchor.fm/arvin-taali/support

Nationwide Portfolio Lending

Mixed-use properties can be more challenging to finance especially with conventional lending however lending as non-traditional investment is an option. If property is owner occupied but commercially zoned we can lend on as borrower occupied but if zoned residential it can only be financed as non-owner occupied. --- Support this podcast: https://anchor.fm/arvin-taali/support

Nationwide Mixed-use Investment Property Financing

Nationwide non-owner occupied investment properties no income verification to qualify using monthly rental income paid by tenant short term as vacation rentals or long term using tenants monthly paid rental income under contract. --- Support this podcast: https://anchor.fm/arvin-taali/support

Nationwide Long Term Rentals Qualify Using Debt Service Coverage Ratio

California/Florida Jumbo Loan Programs Is Used to Exceed county Loan Limits As Well As Programs Benefiting Self-Employed Borrowers. --- Support this podcast: https://anchor.fm/arvin-taali/support

California/Florida Jumbo Loan Programs

California/Florida Self-Employed Borrowers Seeking A Mortgage Loan Now Have More Options Than Traditional Loans Using Tax Returns. --- Support this podcast: https://anchor.fm/arvin-taali/support

CA/FL Self-Employed Borrowers Looking For Mortgage

Investors looking to finance or refinance an existing construction loan or build ADU ground up we can utilize our rehab loan program to achieve. Best results tend to be in California/Florida. --- Support this podcast: https://anchor.fm/arvin-taali/support

Mid-Construction/ADU Financing

California/Florida New 2021 Jumbo Loan Program With Higher Loan Limits Higher Loan Thresholds More Flexible Faster Closing Process. NMLS#1704105 --- Support this podcast: https://anchor.fm/arvin-taali/support

CA/FL New 2021 Jumbo Loans

Borrowers looking to purchase home in California/Florida with conventional financing in 2021 need to know to make your offers more competitive with faster closing. --- Support this podcast: https://anchor.fm/arvin-taali/support

2021 Competitive Home Purchase Market In California/Florida

Using stated income as high net worth savvy investor you can get lower long term rental rates. 30 years fixed terms with competitive rate currently. --- Support this podcast: https://anchor.fm/arvin-taali/support

Long Term Rentals New Alternative Solutions 1-4 Units.

Nationwide borrowers looking to finance 1-10 units investment property with no income verification from 400K-4M 700+ FICO. --- Support this podcast: https://anchor.fm/arvin-taali/support

Long Term Rental Financing After CORVID-19

With recent changes to mortgage industry and rapid program changes just highlighted on what’s available currently. --- Support this podcast: https://anchor.fm/arvin-taali/support

Program highlights for investors nationwide and home owner California/Florida

Maximize equity in uncertain times cashing out while home values are solid and you have recent pay stubs. --- Support this podcast: https://anchor.fm/arvin-taali/support

Current Events During COVID-19

While no one knows how long home prices will continue to rise however it is more likely than not rents will not be decreasing. With that said investors are now more attracted to long term rentals or short term rentals such as vacation rentals/Airbnb's. Since the start of 2020 we've lowered our rates in the long term rental non-owner occupied no income verification programs also known as NONI. Borrowers with 680+ FICO get rewarded with lower rates on 5 year ARM and 30 years fixed programs. We offer this program in 30 states which borrowers can also add up to 2.5% of closing cost financing with an additional .25% rate hit which allows borrowers to finance up to 82.5% LTV on loans over 150K-1.2M. Borrowers have an option to pay their own escrows or set up impound accounts which is not as common with this type of financing. Borrowers will have 3 years prepayment penalty 3%/3%/3% if they decide to change loan or sell property. This program does not require investment experience on 1-4 unit properties. So long as area rental calculation (1007) covers monthly mortgage and equity requirements are met for down payment this program does not require rental agreement or even a tenant in place so long as property is used for investment purposes. For any reason debt service ratio is less than 1 which means its negative on cash flow every month its .5% additional rate hit however still can be done. Lastly, we cover up to $550 of appraisal cost at closing. --- Support this podcast: https://anchor.fm/arvin-taali/support

Nationwide Investment Property Long/Short Term Rentals Improved Pricing 2020

Asset based financing nationwide with no income verification on non-owner occupied properties. We're a one stop shop in California. Florida coming soon 2020. Support this podcast: https://anchor.fm/arvin-taali/support

hubhopper

Elixir Of Mortgage Lending

hubhopper