We specialize on Fannie/Freddie/FHA Turndowns

In the existing mortgage environment, Fannie Mae and Freddie Mac have all sorts of crazy underwriting guidelines that kick all sorts of good common sense loans to the curb.
 
That is where we come into play to save the loan.  It's the old-fashioned common sense approach to mortgage lending.  Does this loan make sense and does the borrower have the capacity and the ability to repay the loan.  Rates are slightly above agency seller pricing, but certainly not anywhere close hard money, which is the only other option.

Some exceptions that have been made:
*Non-Warrantable Condos
*Condo Association delinquency
*Pending Litigation
*No minimum seller seasoning required
*Wage earners with recent unseasoned but documented raisees
*Less than 2 years self-employed but strong 1st year Scedule C income
*One year tax returns to qualify instead of 2 years!!
*Make sense tax-deduction add-backs to 1040's, 1065's, and 1120's
*Up to 65% debt ratios!
*Rental income documented with lease agreements for recently aquired N/O properties

Here is the bottom line, if there was a "Refer Eligible" or "Expanded" and you thought the borrower was strong, then lets do it!

                                     Fast to the finish!! 7-10 days! 
            Same Day Approvals, Same Day Docs, Same Day Fundings

                          Call today!!

Capistrano Lending Group
28822 Via Leona
San Juan Capistrano, CA
(949) 248-3112
www.capistranolending.com