Home Loans We Specialize In:

  • Stated Income Loan requires the borrower to state her monthly income on a mortgage application. We have the following caveats for portfolio loans:
    • Minimum 30% downpayment requirement; gift fund 100% allowed
    • 5/1 ARM with a starting rate of 4.75% with APR 5.37%
    • LTV of 70% or less
    • FICO score of 680 or more
    • No tax returns
    • No W-2 Form
    • No 4506T Form
    • Six months reserves required
    • Restrictions apply
  • Private hard money lenders secure these asset based loans by the strength of the purchased real estate more than the borrower’s financial credit. We have hundreds of investors who provide private hard money loans for fix-and-flip properties, buy-and-hold properties, refinance cash-out properties, or exchange in an extended rehab type of properties. We provide services to those who may qualify for a conformity line in the future and even those who cannot obtain traditional mortgage financing. In addition, we are able to work with clients who have gone through foreclosures, bankruptcies, and short sales. The following are our additional guidelines to meet:
    • Interest only loan is available
    • Maximum LTV of 80-100% and up to 65% of after-repair-value with an APR of 8.25%
    • No tax returns
    • No W-2 Form
    • No 4506T Form
    • Six months reserves required
    • Restrictions apply
  • Manufactured home loans are excellent for individuals with an imperfect financial history who dream of home ownership. Applicants have the option of choosing FHA loans, conventional loans, or private hard money loans in order to fund their manufactured home loans. The following rules also apply to these types of loans:
    • Minimum 3.50% downpayment with APR 3.75%
    • Restrictions apply
  • Stand-alone second (2 lien) loans are additional loans that a borrower takes out against their house despite already having a first mortgage. They usually takes this loan out to access cash. The applicant has the option to choose from conventional to hard money loan programs. In addition, restrictions apply even for these types of loans.
  • Bank Statement Loans are alternate loan programs. Majority of the time, bank statements count as alternative documents.
    • Present 3-24 month statements
    • Up to 90% LTV with APR of 4.75%
    • Restrictions apply
  • FHA home loans make it easier for a borrower to qualify for a loan and make a small down payment.
    • Minimum downpayment requirement of 3.50% that can be gifted
    • A minimum FICO credit score of 600
    • Maximum debt-to-income (DTI) ratio of 55.90%
    • Provide full documents
    • Restrictions apply
  • Conforming loans, the largest segment of loans in the country.
    • 1-3% minimum downpayment that can be gifted 
    • Minimum 620 FICO credit score
    • Debt-to-income (DTI) up to 50%
    • Full documents required
    • Maximum loan amount $453,100 for single family residence (SFR)
    • Restrictions apply
  • Conventional loans are safe loans that differ from other government regulated loans.
    • Minimum downpayment of 3-5%; can be gifted
    • Minimum 620 FICO credit score
    • DTI up to 50%
    • Restrictions apply
  • High balance loans are loans that exceed conforming loan limits for borrowers living in expensive regions of the country.
    • Minimum downpayment of 5%; can be gifted
    • Minimum 620 FICO credit score
    • Maximum loan amount $679,650
    • DTI up to 50%
    • Restrictions apply
  • Jumbo home loans make it possible for the borrower to buy an expensive home because they allow the borrower to get large loan balances.
    • Minimum 680 FICO credit score
    • Minimum loan amount $750,000
    • DTI up to 43-50%
    • Restrictions apply

3CALoan

Other Loans We Specialize In:

  • In all, multifamily and apartment loans are financing options used to purchase or renovate a multifamily dwelling unit or an apartment building, respectively.
  • Commercial loans are used to finance the growth of their companies consisting of purchasing properties or constructing properties. Simply put, these loans are used to help payoff expensive necessities to start and operate a new business.
  • Mixed use properties consist of multiple units zoned for different purposes such as commercial  and residential. Mixed use property loans are financing options to help finance mixed use buildings between business owners and financial institutions.

3CALoan specializes and excels in difficult loan funding. Our company also offers our clients services such as downpayment assistance program, adjusted-rate mortgage, and refinancing. To receive more information, contact us today at (818) 322-5626. Also, feel free to visit us on the address below:

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