To use this 10-acre ranch house as a short-term vacation rental and event venue, the investor needed a cash-out refinance to rehab the property and attract renters. Our FlexTerm mortgage program provided a long-term, fixed-rate with flexible underwriting and
South San Francisco, CA
We funded the refinance of this 3-unit, investor 1-4 property with a 3-year fixed, 30-year, fully amortized adjustable-rate mortgage.
We funded the cash-out refinance of this 104-year-old brownstone with a 3-year fixed, 30-year fully amortized adjustable rate mortgage.
We funded the purchase of this single family investment property in only 14 business days from submission to funding with no credit score or W-9s requested. The broker’s fee for this transaction was $83,588.
We funded the purchase of this Investor 1-4 with a 3-year fixed, 30-year fully amortized ARM. This sale earned the broker a $19,250 commission. Velocity is a nationwide direct portfolio lender specializing in financing commercial and investment properties for
Los Angeles, CA
In just 34 days from submission to funding, the cash-out refinance for this four-unit quadplex provided the borrower with $125,000 to upgrade this property and invest in other income properties.
Palos Verdes, CA
We funded this cash-out refi of a single family investment property used as a board and care facility in Rancho Palos Verdes, CA. In less than 30 days, we turned a bank decline into a funded loan, providing cash
We funded a cash-out refinance for this single family residential investment property in Weston, Florida within 14 days of application using our FlexPerm loan program, which offers a 3- or 30-year fixed term amortized over 30 years.
A cash-out refinance on this $1.2 million single family residential investment property in Bellevue, Washington was completed in just 27 days and generated an $11,700 commission for the broker.
Funding for the cash-out refinance of this Norfolk, VA single-family residential investment property was completed in just 21 days from the application date and generated a $5,040 broker commission.