Will do a 90% SIVA.
Joe, These contacts up here in Redding, all operate statewide. They are all excellent sources with years of experience.
Wachovia Mortgage- Doug Phelps 530-921-4993
Redding Bank of Commerce Mortgage - Noah Richardson 530-227-8243
Guild Mortgage - Vicky Spiva 530-945-0484
Casey Investments - Roger Casey 530-209-3443
Good Luck!
Wachovia can finance up to 90% if it is stable market. It means you would have to check with a bank personal and find out if the particular property is located in the stable market. If it is in the 94010. It is considered to be stable for a long time. I believe you would have tons of options with Wachovia. Recently, I have worked on two finances in Hillsborough, both of them were SISA and good credit scores like over 700.
Call me if you have any question.
P.S: financing which is = or >80% ltv never works for investment properties.
I just heard Liberty Saving's will do it if he is self employed. I don't have contact info for them or I would give it to you. I would google their wholesale division. You better thank me if it closes!
bbester21@hotmail.com
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