Foreign National Loans

Foreign National Loans

Address: 18301 Von Karman Ave., #330
Irvine, CA 92612
Long Business Description:

Center Street Lending

Posted by Center Street Lending Corp. on Tuesday, May 5, 2020

 

Our Difference

We are personally invested in each and every loan. We deliver easy transactions that are competitively priced and swiftly executed. Above all, we are committed to our customers’ success because when they succeed it’s good for everyone.

Loan Programs

Fix/Flip Program

For seasoned investors who buy, rehab and sell residential properties of up to 4 units.

Loan Features:

  • $100,000 – $2,500,000 loan amount
  • Flexible underwriting with minimal documentation
  • Quick closing time – 10 days or less
  • Maximum LTV (purchase): 85%
  • Maximum LTARV (after-repair value): 75%
  • Maximum LTC construction: 85%
  • Extremely competitive rates and points
  • Loan term: 6-18 months
  • Extensions options available
  • In-house easy draw process: fulfilled in four days
  • Property types: single-family residence, 2-4 units, townhomes, planned unit development, condominium
  • All properties must be non-owner occupied
  • No prepayment penalties
  • Markets: AZ, CA, CO, DC, FL, GA, MD, NC, OR, TN, TX, VA & WA
  • Foreign national: subject to a lower LTC/LTV threshold

Loan Benefits:

  • Easy lending on residential and rehab projects
  • Create more opportunities with fast loan turnaround
  • Less capital required to complete a project
  • You are covered if projects are extended
  • Quick access and hassle-free draws

Rental Program

Our rental program is for seasoned investors who buy and rent residential properties up to 4 units.

Loan Features:

  • Loan Amount: $150,000 – $1,500,000 ($50,000/unit min.)
  • Loan term: 30 years, 3 years fixed
  • Prepay: 3% prepay first 3 years, 3/2/1 available
  • Rates and points:  Extremely competitive
  • Maximum LTV: Up to 75%
  • Cash-out available: Certain terms apply
  • Quick closing time: 10 days or less
  • Underwriting: Flexible with minimal documentation
  • Property types: Single-family residence, 2-4 units,
    townhome, planned unit development & condominium
  • Markets: AZ, CA, CO, DC, FL, GA, MD, NC, TN, TX, VA & WA
  • Occupancy: Non-owner occupied properties only
  • Foreign nationals: Subject to a lower LTV threshold
  • Minimum DSCR: 0.75

Loan Benefits:

  • Create more opportunities with fast loan turnaround
  • Easy lending with limited documentation required
  • Simple process with a loan based on DSCR vs. tax returns

Ground Up Construction Program

Our ground-up construction program is for seasoned investors who need capital to start projects right away.

Loan Features:

  • Loan Amount: $250k minimum
  • Fico Score: 680 minimum
  • Loan term: 9 to 18 months
  • Prepay: No pre-payment penalty
  • Rates and points:  Extremely competitive
  • Maximum LTC/LTV: Up to 75%
  • Cash-out available: Certain terms apply
  • Quick closing time: 10 days or less
  • Underwriting: Flexible with minimal documentation
  • Property types: Single-family residence, 2-4 units,
    townhome, planned unit development & condominium, Multi-units < 20
  • Markets: AZ, CA, CO, DC, FL, GA, MD, NC, OR, TN, TX, VA & WA
  • Occupancy: Non-owner occupied properties only
  • Ground up experience required

Loan Benefits:

  • Create more opportunities with fast loan turnaround
  • Easy lending with limited documentation required
  • Quick, hassle-free draws to keep your construction projects moving

Bridge Loan Program

Our bridge loan program is for seasoned investors who need a bridge loan to close quickly on a property.

Loan Features:

  • Loan Amount: $100k minimum
  • Fico Score: 620 minimum
  • Loan term: 6 to 24 months
  • Entity ownership preferred
  • Rates and points:  Extremely competitive
  • Maximum LTC/LTV: Up to 75%
  • Cash-out available: Certain terms apply
  • Quick closing time: 10 days or less
  • Underwriting: Flexible with minimal documentation
  • Property types: Single-family residence, 2-4 units,
    townhome, planned unit development & condominium. Multi-units < 20
  • Markets: AZ, CA, CO, DC, FL, GA, MD, NC, OR, TN, TX, VA & WA
  • Occupancy: Non-owner occupied properties only

Loan Benefits:

  • Create more opportunities with fast loan turnaround
  • Easy lending with limited documentation required
  • No existing leases required, must be rent ready
Business Website Address:
Business Phone Number:
866.337.1062
Address: 6216 N. Federal Hwy.
Ft. Lauderdale, FL 33308
Long Business Description:

 

 

ABOUT US

Before there were online or hedge fund-backed lenders, there was, and still is, EquityMax.  We are an efficient, hard-working operation that has always had a singular focus: catering to real estate investors.  We spend every minute of every day finding, selling, and funding deals on time, every time.  Established in 1990 to serve the needs of the real estate investment community, EquityMax has grown to one of the leading direct lenders in Florida, while also catering to out-of-state markets.  These include Georgia, South Carolina, North Carolina, Tennessee, Alabama, and more! With our help and a solid effort on your part, you should be able to profit handsomely in the business of real estate investing.

Our knowledgeable personnel has over 60 years of combined real estate experience to aid in any and all of your real estate transactions.
The EquityMax staff includes:

  • State-licensed Real Estate Brokers
  • 10 state-licensed Real Estate Broker Associates
  • 2 licensed, NMLS-recognized Loan Originators
  • Fully bilingual support staff.  HABLAMOS ESPANOL!

LOAN PROGRAMS

Fix and Flip / Cash-Out REFI

Quick Financing for the investor who wants to get in, get out, and move onto the next project.  If you already own a property outright, EquityMax can collateralize that real estate for direct funds to use on your next investment purchase.

  • Flexible LTVs (based on both Purchase Price and ARV)
  • Competitive Rates (Interest-Only and/or Fully Amortized options)
  • Minimal Insurance Requirements (No Wind / Flood / Builder’s Risk required)
  • No Balloon / No Prepayment Penalty
  • Free Comparable Analysis
  • Free Repair Analysis

Foreign National Loans

Hassle-free options for investors who do not meet standard credit qualifications.

  • ZERO prequalification financing
  • No Credit Required
  • No Asset Verification, Foreign or Domestic
  • No Personal Guarantee
  • All Residential and Commercial Property considered, including Condos

Non-Recourse Lending

Tailored loans for investors who invest with their alternative investment accounts.

  • Purchase properties through your Self-Directed IRA
  • Unique financing options with no personal guarantee
  • Profits are Tax-Deferred
  • Zero Prequalification or Documentation Required
  • Access to a preferred list of real estate-focused custodian servicers

Transactional Funding

Reliable, guaranteed financing for wholesalers who specialize in the “double closing”.

  • Perfect for Wholesalers
  • 100% of funds, including closing costs, financed by Lender
  • No Minimum or Maximum Loan Amounts
  • Title Company-Friendly
  • 1-3 Day Funding
  • For Transactions Under $1mm, starting at 1% of Loan Amount or $1,000, whichever is greater
  • For Transactions Over $1mm, inquire about specific terms

 

 

Business Website Address:
Business Phone Number:
(954) 267-9103
Business Fax:
(954) 771-2407
Business Website Address:
Business Phone Number:
(888)-297-4440
Business Tags: