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Our Process We are not a wholesale lender. Please contact us to discuss your clients project. Once pre-approved, we will ask you to fax or email your clients 1003 and credit report. We will complete the processing, order title and appraisal from one of our approved appraisers. We deal directly with the client, underwrite and close the loan in our name. Due-diligence requires our company to re-originate the loan file.
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We specialize in financing residential real estate investors who purchase and repair foreclosure, bank-owned and distressed houses in and around the Detroit area. Brief Guidelines · METRO DETROIT, MICHIGAN PROPERTIES ONLY · 1st Mortgages Only · MAXIMUM Loan Amount - $100,000 · MAXIMUM LTV (ARV) - 50% · MINIMUM Property Value - $50,000 · Investment Residential - 50% LTV max · Multi-Unit, Apartment - 40% LTV max · Land and Lot Loans - 40% LTV max |
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26789 Woodward Ave Suite 107 Huntington Woods MI 48070 |
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Specializing in Metro Detroit Purchase Rehab |
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Metro Mortgage Investments |
