Anyone know of a direct lender in Cali

mindinmyownbiznes · February 5, 2008, 5:42am

Does anyone know of a direct wholesale lender who might be offering 'stated 95%" loans in California?

ezprops · February 5, 2008, 5:45am

is this for residential or commercial?

mindinmyownbiznes · February 5, 2008, 5:47am

Residential

christopher_w · February 5, 2008, 2:57pm

Wholesale lenders do not deal directly with the public. Some of them have or had retail branches such as Aurora or Countrywide. When you say you are looking for a direct lender do you mean a lender that has a line of their own products to sell or just someone who is not strictly a broker? Please advise.

mindinmyownbiznes · February 5, 2008, 7:57pm

I work for a broker. So if I can locate a direct lender who we can br0ker through that would be great.

christopher_w · February 5, 2008, 9:08pm

Broker Outpost would be a better place for you to look for wholesale lenders. This site is more geared for investment advice. You will probably have a lot more look there than here.

REI4ROI · February 6, 2008, 3:08am

You are going to be hard-pressed to find a stated 95 LTV loan provider—good luck!

Regards,

Scott Miller