Investor alert: New financing option

Most homeowners in today's market are beside themselves when they think about how much their home has declined in value over the last few years. Investors, however, are thinking about what an opportune market it is for purchasing investment properties. Although many real estate investors are wealthy and have the assets to purchase more properties, they aren't able to because of debt to income requirements.

Enter... stock-secured loans. These loans allow borrowers to use their stocks, CDs, mutual funds, bonds, treasure notes, etc as collateral for a home loan up to 85% of loan-to-value. Circumventing DTI requirements is the main draw for these type of loans although other benefits include: property need not be appraised, borrower doesn't have to furnish tax returns, borrower doesn't have to furnish employment records, and there is no credit check. All that is required for these loans is a stock or securities portfolio to use for collateral.

Loans are currently available with ranges between $50,000-$2,000,000 with interest rates hovering around 4.3% (currently). Terms are usually short-- between 5-7 years, but those looking to turn properties over quickly can best take advantage of this program. Please contact me with further questions; I'm always happy to help.