Best Investor Mortgage Loans Available

Posted on November 7, 2011 by pro-x


2011 is predicted to revive the mortgage loans market as 20 to 30% of all home buyers will be knowledgeable investors who intend to secure their future by purchasing real estate as it has never been more affordable and abundant. However, some investors might use cash as their mode of purchase, but most will require some sort of financial help in the form of a home loan to make that purchase. So, for those who don’t know their options, here are some of the best ways to finance your home investment.

HomePath by Fannie Mae

Although available only on Fannie Mae foreclosures, Fannie Mae HomePath is the least expensive alternative there is to finance your home. It requires no home appraisal and saves you money and hard work on the appraisal process. Moreover, its minimum down payment requirement is as low as 10% with no mortgage insurance for single family investments. But, if you intend to renovate your house, HomePath might not be the right solution as you will have to finance the renovation yourself which will make it very expensive for you. HomePath is not at all recommended for major home renovations.

HomeStyle by Fannie Mae

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Commercial Mortgage Loans, Commercial Loans

Posted on November 2, 2011 by pro-x


YSP Loans is a division of Griffin Capital Funding; we are a secondary market lender specializing in owner occupied and partially owner occupied commercial real estate loans from $250,000 to $6,500,000. We do not generally charge points or origination fees on our commercial mortgage products.

We offer the following commercial mortgage types:

Conventional commercial mortgages to 75% loan to value. SBA Loans to 90% loan to value. B&I loans to 90% loan to value ($40,000,000 maximum under this program)

We also partner with life insurance companies to provide loans on investment properties for loan amounts from $3,000,000 to $35,000,000.

We offer six different commercial loan products:

Full Document Commercial Loans – 85% is the maximum we will lend; this is made up of a 75% first trust commercial loan and up to a 10% second trust commercial loan. Our minimum credit score is 660 however we do not allow any prior history of BK on our Full Document commercial loan product. Loan amounts from $250,000 to $15,000,000 Stated Income Commercial Loans – 80% is the maximum we will lend; we do not offer second trusts on this product. Our minimum credit score is 650 and no BK in the past 7 years is allowed. Loan amounts from $250,000 to $2,000,000 Commercial Bridge Loans – 70% is the maximum we lend; second trusts are permitted but we do not offer them. There are no minimum credit score requirements. The commercial bridge loan is offered from $1mm to $15mm in most metropolitan areas. General purpose commercial properties are allowed with a special interest in income producing properties. SBA 504 Commercial Loans – 90% is the maximum combined loan to value between our commercial loan and the SBA debenture. No minimum set credit score. Loan amounts from $500,000 to $7,500,000. B&I Commercial Loans – 90% is the maximum we will lend. No minimum set credit score. Loan amounts from $1mm to $15,000,000. Non Profit Loans – 80% first trust commercial loans and up to 100% CLTV with a second trust.

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Trading Currency Etfs

Posted on October 24, 2011 by pro-x


Currency exchange traded funds (ETFs) are funds which enable traders to profit from the most liquid financial market on this planet, the forex market. Currency ETFs are one of the newest trading instruments available. Just like traditional exchange traded funds, currency ETFs too are traded just like stocks. The only difference is that they track foreign currencies, not indexes or stocks.

ETF firms create currency exchange traded funds by buying and holding foreign currencies in a fund. Then the shares of the fund are made available for traders. Whenever the foreign currency price rises (usually against US Dollar, USD) the whole value of the ETF rises and so as the price of shares. Whenever the foreign currency falls opposite events occurs.

Currently there are number of currency ETFs available for trading which can be classified into three broad categories.



ETFs which track Single Currencies: Here each share of the currency ETF represents a fixed amount of a single foreign currency. Examples include British Pound Trust (FXB), CurrencyShares Euro Trust (FXE), CurrencyShares Swiss Franc Trust (FXF), Australian Dollar Trust (FXB), CurrencyShares Japanese Yen Trust (FXY), Canadian Dollar Trust (FXC), etc.

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Close More Mortgage Loans With 12 Niche Products & Quality Leads From Smart Leads

Posted on October 11, 2011 by pro-x

11 Niches for Mortgage OriginatorsMarketing to a niche is my favorite way to get results. Why? Because you know better what your target customers need and want, compared to simply marketing to the general public. The more you know, the better you can tweak your marketing message and boost your return on investment (ROI). Niche marketing applies to many businesses but following is a list of eleven niches specific to originating mortgages:

Purchase Loans. We start with one of the basics. You can

find subsets of niches within the purchase niche like FSBOs, Investment Properties, Land/Farms/Ranches, and referrals from Realtors. The various sub-niches represent a different group to whom you can market, all of which have different needs and interests, therefore they will likely respond differently to your marketing materials.

Construction Loans. Much like purchases, construction loans have sub-niches like Custom Home Builders, Subdividers, Condo/PUD Builders, Owner-Builders, Second Home/Vacation Home Builders.

Loans for Home Repairs. There are a wide variety of needs home owners might have when it comes to home repairs, including: updating roofs, windows, doors, heating, air conditioning, or other worn or outdated basics of the home. Home Repair customers might also be interested in finishing a basement, remodeling an area of their home, or adding a pool in the backyard. All these repairs and updates require money. Imagine the opportunity of networking with roofers, HVAC companies, window and door companies, etc. They have customers that need the money you can provide them.

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