Investment & Hard Money Lender in California

JW LENDING SOURCE
8722 E. GUESS ST
Rosemead, CA 91770
Phone:  626-410-7028


Loan Purchase: Investment Purpose: Acquisition, Cash-Out, Refinance, Rehab Description: 6-24 month loan ( short term ) long-term TBD after 1st loan paid off. Loan Trade Off: Higher credit scores (680+), and down payment (20% or more) will allow some loan stipulations to be overlooked.
Loan Information
Name of Contact:  Mr. John Black
Issues loans in:  AK, AL, AR, AS, AZ, CO, CT, DC, DE, FL, FM, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MH, MI, MN, MO, MP, MS, MT, NE, NH, NM, OH, OK, OR, PA, RI, SC, TN, TX, UT, VA, VI, WA, WI, WV, WY
Allowed Rental Unit Types:  Non-Owner Occupied, Residential 1-4 Units, 2800 sq ft max, Loan Amount Not to Exceed FHA Cap , 5 brm , 3bath max, 1.5 acre ( see below )
Max LTV:  90% Purchase; 100% Rehab not to Exceed 65% LTV; Cash-out Refi 50% LTV
Points Charged:  0-5
Typical Rate Charged:  90% Purchase; 100% Rehab not to

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