Condominium with litigation
loans for condominiums that have pending litigation associated with their HOA
(Home Owners Association). The litigation prohibits the borrower purchasing or
refinancing the unit from obtaining most conventional 30 year fixed loans,
making the unit "non-warrantable".
borrower deserves a loan and with our bridge loan product. Those borrowers
looking to refinance N/O/O SFR, 2-4 unit properties, 5+ unit multi family,
Mixed Use or Office & Retail have just that. We even finance properties in
rural areas and those with minor to significant deferred maintenance. With an
increased loan amounts and just about any credit profile Venstar is the home
for your next bridge loan request. Our bridge products are usually used by Real
Estate owners that only want to borrow money for a short period of time (up to
60 months), then want to exit out of our loan to obtain bank financing.
(P&L or Stated)
borrowers with large tax deductions, foreign nationals and realtors.
Venstar Financial Inc.