To answer one of our more popular questions…..”What type of investor loan rates can I get? ”
Assumptions:
720+ credit score
75% LTV
Purchase or Rate and Term Refinance
Loan Amounts between $150,000 and $417,000
Your wholesale rate for today with 1 origination point: 5.25%
While still extremely low, the wholesale 30-year base rate edged up to 4.75% today. We expect it to continually fluctuate between 4.5 and 4.875% each week.
We have some great programs again! Whether you are looking for inner city Atlanta purchase or refinance loans, the Anderson Lending Group team is here to help. With the current low rates, the mortgage market is slowly picking itself back up. Feel free to call or email us to discuss your specific scenarios – from [...]
The subprime mortgage meltdown had a chaotic effect on the US economy and world financial markets in 2008. After the subprime banks closed en masse, the Alt-A lenders were shut down, eliminating all aggressive financing options in the US mortgage market. This has led to a major credit crunch and has had a disastrous effect [...]
Virtually every day I get calls from customers wanting to buy 10+ properties from a bank or institutional seller. With the lack of credit and capital available, I find this amazing!
The reality is that the deals available today will make people rich – extremely rich. Properties are selling for 25-40% on the dollar……unprecedented discounting.
If you [...]
It’s been over a year since the subprime and Alt-A meltdown that forever changed the mortgage industry. The interesting thing is that we still get calls on a weekly basis asking for “stated loans”, or no documentation loans. The conversation typically goes like this….
Caller: Hi…My name is XXXX and I’m looking for loan to buy [...]
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