Asked by Neemast, Studio City, Los Angeles, CA • Tue Oct 30, 2012
https://www.efanniemae.com/sf/guides/ssg/sg/pdf/s My name is Neema Tabar and Iâ€™m an investor based in California, currently investing in Atlanta Georgia. Iâ€™m purchasing bank owned properties in cash and would like to know if any lenders here work with the Fannie Mae delayed financing program. Link to the program is below (pages 220 â€“ 222):
I currently own 5 financed investment properties, and the loan amounts on the properties Iâ€™m purchasing in Atlanta are in the $30k-$40k range. If you do work with the program, are licensed in Georgia, and can lend on those amounts, please provide your contact information and the following so I can compare with my existing lender before moving forward.
1. Minimum Loan Amount you work with
2. Fee schedule and closing costs
3. Current Interest rate
4. Realistic time period to expect on closing loan with you
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