Forum Replies Created

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    Gustan Cho

    Administrator
    October 15, 2023 at 7:46 pm in reply to: Ground Up New Construction

    The spec builder developer ground up new construction loan is a great popular acquisition and construction loan program for small home builders who have built several homes in a small scale and want to become a developer. The builder/borrower needs to come up 30% of the land purchase for the down payment. Lending Network, LLC likes to see the builder to have the 30% skin in the game throughout the construction process until completion. Once we have done one or two projects with the builder/developer, we can lighten the restriction. In most cases, the ground up new construction spec home loans are one year term and can be renewed every year.

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    Gustan Cho

    Administrator
    October 13, 2023 at 10:53 pm in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

    Cameron, the man. Can you please tell us more about your second mortgage non-QM loan programs. Types of second mortgage, rates, credit scores, LTV, and debt-to-income ratio.

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    Gustan Cho

    Administrator
    October 11, 2023 at 12:14 am in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

    No extenuating circumstances exceptions? Guy had a stroke

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    Gustan Cho

    Administrator
    October 10, 2023 at 6:47 pm in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

    Can you do bank statement loans for 120 day late due to the client having a stroke and error by Selene servicer.

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    Gustan Cho

    Administrator
    October 10, 2023 at 1:15 am in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

    4 unit Cash-Out Refinance 60% LTV

    730 FICO. CHAPTER 11 bankruptcy discharged 4 months ago. Can you do this. Non-qm bank statement loans

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    Gustan Cho

    Administrator
    October 9, 2023 at 2:49 am in reply to: NON-QM QUESTIONS & FAQ’s FROM AN AE’S POV

    Thanks Cameron LeClair

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    Gustan Cho

    Administrator
    October 9, 2023 at 2:48 am in reply to: FAKE NEWS MEDIA

    Fake News media needs to get dismantled and out of business. Getting out of control with censorship and you can’t trust and believe anything they say.

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    Gustan Cho

    Administrator
    October 9, 2023 at 2:43 am in reply to: CREDIT CARD (Upto 120K)

    Andy, go to http://www.lendingnetwork.org. Everything is there or will be there.

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    Gustan Cho

    Administrator
    October 9, 2023 at 2:37 am in reply to: CREDIT CARD (Upto 120K)

    I am trying to boost my credit scores so I can qualify for the $250,000 unsecured business credit card for GCA MORTGAGE GROUP.

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