Jeremy Drews
Todd Harris
BOOST Bridge Loan
BOOST Bridge will pay off their existing mortgage and provide homebuyers a cash-out option to purchase a new home. Homebuyers can gain a competitive advantage to stand out — especially if it comes down to a bidding war.
- Borrower Can Buy Before They Sell
- Borrower Can Look Like a Cash Buyer by Making Non-Contingent Buyers
- Balloon payment due in 12 months for owner-occupied properties and 6 months for non-owner-occupied properties.
LendSure 1031 Exchange with Bridge Loan Program
A 1031 Exchange is a tax-deferred strategy that enables an investor to swap one investment property for another without incurring any immediate capital gains taxes. It’s a fantastic tool for those looking to optimize their real estate investments and potentially grow their portfolio. LendSure’s Bridge Loan lets them tap into the equity of the original property to buy the replacement property.
- Allows investors to push forward with the purchase of a replacement property without waiting to sell their original one.
- Prevents investors from missing out on potential opportunities that may not stay on the market for long.
- Enables property investors to keep collecting rent on the original property with no monthly loan payments on the bridge financing.
- Gives investors time to make improvements to the original property so they get the best possible price when they sell.
- A reverse exchange is subject to the same identification and exchange periods as a traditional 1031 exchange.
Financing 5-10 Unit Properties
LendSure’s innovative DSCR Investor Cash Flow program is now available for 5-10 Unit properties for seasoned property investors. This program comes with the exceptional service levels and streamlined process that you’ve come to expect from LendSure.
- Loan amounts under $3,000,000 and Cash-Out up to $500,000
- Minimum DSCR of 1.0
- Close multiple loans for the same investor at the same time
- Up to 75% LTV for Purchase
- Up to 70% LTV for R/T Refi
- Up to 65% LTV for Cash Out Refinance
- Qualify on interest-only payments – excellent for qualification and cashflow purposes, particularly with our 10-Year IO Period and 40-Year Term program
Condotel Loans
Now you can offer borrowers financing for their condotels – all with the program options and service levels that you’ve come to expect from LendSure.
- Industry-leading Bank Statement Program
– LendSure will calculate the income for you and provide an extensive, common-sense pre-qual within 24 hours - Up to 75% LTV for Purchase Loans
- Up to 70% LTV for R&T Refinances (740 minimum FICO)
- Up to 65% LTV for Cash-Out Refinances (740 minimum FICO)
- Investment Property and Second Home Only
LendSure Financed Rate Buy-Down
LendSure offers borrowers the additional flexibility to buy down their rate and finance the points.
- Lender and broker points can be financed into the loan (up to 2% on the value or purchase price on an 80% LTV loan)
- Financed points do not raise the LTV pricing bucket
- Up to 82% LTV when financing points (at the 80% pricing tier)
- Borrower does NOT have to bring additional cash to close
- Lower rate significantly lowers the borrowers’ monthly payment
