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FHA LOANS IN DOWNTOWN?
(NOW AVAILABLE)
as of April 2010
Our Preferred Lenders
Mike Cohn
Licensed Loan Broker
Bank of America Home Loans
mike.cohn@bankofamerica.com
310-434-1816
Click here to get pre-approved.
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Ayman Botros
Click here to apply.
Wells Fargo
Office: 909-476-8682
Fax: 866-493-8791
Mobile: 562-773-2938
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Karen Chiu
MetLife Home Loans
655 N. Central Ave
Suite 110
Glendale, CA 91203
626 437-4481 cell
818-241-7547 office
www.karenchiu.net
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Brian Shaktah
Senior Loan Officer
818-742-3293 Direct
818-903-2921 Cell
818-742-4197 Fax
brian.shaktah@prospectmtg.com
Download form.pdf
Download form .doc
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Don Maher
Universal Capital Mortgage Corp.
Downtown Loft/Condo Financing
Click here for application.
(818) 990-7622 ext 206
(818) 907-1646 fax
(818) 515-1475 cell
don@ucloan.net
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Robin Miers
Wells Fargo Mortgage Corporation
888-926-7507
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Mamta Patel
Downtown Loan Specialist
Wells Fargo
213-402-4533
mamta.r.patel@wellsfargo.com
Click here to begin.
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Craig Barton
FHA Specialist
118 S. Catalina Ave # i
Redondo Beach, CA 90277
(310) 379-9621
craig.cbloans@gmail.com
craig@cbloans.com
Click here to begin.
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Catharine Dizon
626-432-9964
catharine.dizon@wellsfargo.com
Wells Fargo Home Loans
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Marcos Santillan
Hard Money Lender
310-871-1726
santillanfunancial@yahoo.com
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Michael Mears
Hard Money Lenders
Olympia Financial
mmears@olympiafin.com
olympiafin.com
16633 Ventura Blvd., Suite 700
Encino, CA 91436
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Financing Your Loft Purchase
When you are purchasing a loft condominium in Downtown, it is your responsibility to locate someone who will give you a loft condominium home loan. The first step is getting the "Pre-approval Letter." The pre-approval process is a quick process where a loan officer will do a debt to income ratio calculation. They will also ask you for proof of funds. This may involve providing payroll stubs, income tax records, and various financial records proving your financial merit. This process takes about 72 hours to complete from the time you turn in the completed application until you receive your "Pre-approval Letter."
Here are the top 5 reasons you'll want to get pre-approved immediately.
1. A pre-approval letter is more reliable than a pre-qualification letter.
2. You'll know how much money you can qualify to borrow.
3. You'll have more leverage in negotiations with the seller.
4. Your real estate agent will work harder on your behalf.
5. A few caveats: Pre-approval letters aren't binding on the lender, are subject to an appraisal of the home you want to purchase and are time-sensitive.
Make sure you speak to one of our team members about which loan agent will be right for you.
Buy A Loft.
Search by clicking below!
Ralph's Lofts
Ritz Carlton
Concerto
1850 Industrial
Santee
849 S. Broadway
Bunker Hill
Towers
Promenade West
530
Molino
Teramachi
Flower
Textile
Ritz Carlton
Higgins
421
La Fayette
Vero
Library
Court
655 Hope
Tokyo
Villa
Tomahawk
Luma
530 S. Hewitt
801 S. Grand
1855 Industrial
Grand
Ave
1100
Wilshire
400
La Fayette
SBG
Bartlett
Rowan
Little
Tokyo
Toy
Warehouse
Savoy
Pan
American
Vista
500
Molino
La
Fayette Tower
The Promenade
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