Financing in Temecula>Question Details

Jctproperties, Home Buyer in San Jacinto, CA

Owner occupied hard money lender

Asked by Jctproperties, San Jacinto, CA Sat Feb 2, 2013

Does anyone know if a hard money lender that will do owner occupied with 20%-30% down?

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Answers

8
Many hard money lenders won't touch owner occupied properties, regardless of the LTV or any other circumstances of the deal.

North Coast Financial will consider owner occupied properties: http://www.northcoastfinancialinc.com/
0 votes Thank Flag Link Wed May 6, 2015
Any luck on that lender Chris?
0 votes Thank Flag Link Mon Feb 4, 2013
Yeah there are plenty of those. I need one that will do closer to 20%, full doc, solid income.
0 votes Thank Flag Link Sun Feb 3, 2013
I know of a hard money lender that will do 40% down.
0 votes Thank Flag Link Sat Feb 2, 2013
Great, I appreciate the help.
0 votes Thank Flag Link Sat Feb 2, 2013
I'll have to wait until the morning to call the investors but this sounds doable.
0 votes Thank Flag Link Sat Feb 2, 2013
Loan amount would be 175k-225k
0 votes Thank Flag Link Sat Feb 2, 2013
What's the loan amount? I have a few investors that might do it.
0 votes Thank Flag Link Sat Feb 2, 2013
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