Loan Amount: $ 277,500
Broker Commission: $ 6,937 all Lender Paid
Account Executive: Ryan Holcombe
Account Executive Phone Number: 818.930.5590
Account Executive Email: RyanH@Athascapital.com
FICO: 662
Credit Grade: A-
Term Requested: 3/27 ARM
Interest Rate: 8.99%
Occupancy: NOO
City and State Collateral was Located in: Sacramento, CA
Type of Collateral: SFR
Special Circumstances/Highlight of deal: Borrower secured a 1 yr balloon loan with Athas Capital Group just under a year ago. The Borrower came back to get a better interest rate and a longer term as he decided that he wants to keep the property to hold as a rental property. His balloon did become due, but Athas Capital Group waived our fees to help the borrower close. Not only were we flexible, but we also honored our Broker Rebate Special and gave the broker an extra 0.50 pts in rebate at no cost to the borrower for helping keep the borrower loyal to Athas Capital Group.
PLEASE CALL RYAN HOLCOMBE AT 818.930.5590 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!