Financing in 29205>Question Details

Al, Home Buyer in California

I have a 786 score and 20% down. Does anyone know of a lender or mortgage broker in South Carolina who will finance a condo that is non-warrantable?

Asked by Al, California Mon Jun 3, 2013

I am in the process of purchasing an investment property (condo) in Columbia, SC. My loan application with Bank of America Home Loans has recently has been halted due to a single entity at the project owning more than 10%. I am putting 20% down and need a loan amount of $44,800

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Kip Murphy at homeowners mortgage has always gone the extra mile to make problem mortgages better! His phone number is 803-920-7523.

Tell him Melinda Ray sent you!
0 votes Thank Flag Link Tue Jun 4, 2013
I have two in house lenders that handle all my clients needs. Call or email me today.

Eric Moore
Exit Real Estate Solutions
0 votes Thank Flag Link Mon Jun 3, 2013
I am a Loan officer located in Brooklyn NY. I work for EverBank feel free to contact me anytime I may be able to assist you with the non-warrantable condo financing. 347-414-3112.
0 votes Thank Flag Link Mon Jun 3, 2013
I certainly do know know if this company can assist you with your particular situation or not, but I have had great success with them on condo lending when no one else wanted to underwrite. The name of the company is Resource Financial Svcs. My contact there was Carter Weston. I am including contact information for him. Best ofluck on your condo purchase.

Carter Weston
2717 Devine Street
Columbia, SC 29205
Office: (803) 748-4545
Cell: (803) 331-4870
Fax: (803) 748-4528
NMLS#: 223006
0 votes Thank Flag Link Mon Jun 3, 2013

E-mail me and I will give you a couple lenders to try.

Page Latham
Real Estate Professional
Russell and Jeffcoat Real Estate, Inc
Web Reference:
0 votes Thank Flag Link Mon Jun 3, 2013
Do you mean the investor owned ration is higher?
0 votes Thank Flag Link Mon Jun 3, 2013
No. I think this is the requirement that is not met, "No more than 10% of a project can be owned by a single entity" One investor owns 4 of 25 properties. All other requirements are sufficiently met.
Flag Mon Jun 3, 2013
Flag Mon Jun 3, 2013
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