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Old 12-12-2007, 01:08 PM
Greg Rule Greg Rule is offline
Newbie at a desk in the hall
 
Join Date: Apr 2007
Posts: 4
Greg Rule is on a distinguished road
Lightbulb Hard Money Heloc's

QUICK MONEY LENDING, INC.
Loan solutions for you and your borrower.

Product Information

H O M E E Q U I T Y L I N E O F C R E D I T

SFR, Units, Commercial
Up To 75% LTV, CLTV
Interest-Only Payments
No Pre-Payment Penalty
Easy Submission Process!
Any FICO
Proof of Employment
Owner Or Non-Owner
Foreclosure OK
Bankruptcy OK
Fast Approvals

Full Doc and Stated Programs
Up to 10% Broker Fee

GOLD PROGRAM
75% (Full Doc) 70% (Stated)
11.75% (Full Doc) 12.25% (Stated)
Proof of Ability to Repay Loan
6 Year w/Balloon
4x30, 1x60
> 18 Months


SILVER PROGRAM
70% - 5% Ltv Stated
13.75% (Full Doc) 14.25% (Stated)
Proof of Ability to Repay Loan
6 Year w/Balloon
6x30, 2x60, 1x90
< 12 Months

Lien Position: First, Second, Third; Loan Amounts > $100,000 on a case- by-case basis

(3rd position, Non-Owner Occupied is Silver Program)

Lenders Fees: Escrow $500, Processing $750, Doc Prep $250, Admin. $400, Plus Loan Fee and Title

Rate & Change Dates: Start Rate changes on 13th payment by 2% and continues for remaining loan period

Company Name, Address, Phone No., Contact Person, License, W-9, Fee Schedule

Submission Documents: Submission Form, 1003, Credit Report, Appraisal, Purpose Letter,
Mortgage Statements, Credit Authorization, GFE

Notice of Default, Trustee Sale or >90 day late. Full Doc max 65% Ltv @ 15.99% Fixed
and Stated max 60% Ltv @ 16.99% Fixed.

Direct Lender | Non-Institutional Financing
QUICK MONEY LENDING, INC.
6721 Katella Ave.
Cypress, CA 90630

Contact: Greg Rule
Office: (714) 763-4958 Fax: (714) 763-4913
E-mail: Greg@QuickMoneyLending.com


CLF Lic. 603E202

Brokers can make up to 10 points in commission

Last edited by Greg Rule; 01-16-2008 at 04:34 PM.
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