Thursday, September 8, 2011 - Article by: ANNA N COLLINS - PLATINUM MORTGAGE COMPANY & PLATINUM REALTY -
EXCELLENT ALTERNATIVE TO TRADITIONAL FINANCING!!
A borrower must OWN securities such as stocks, bonds, mutual funds to be eligible for a No Doc Stock loan.
Many people own securities such as stocks, bonds, mutual funds, etc., but don't want to sell them in a "down" market. They know that eventually in time most will recover and increase in value. Yes, they would prefer to keep them rather than sell them. A low fixed interest rate is ideal for your clients. Quick closing!
All this valuable "collateral" just waiting to be used to apply for a NO DOC Stock Loan and get the loan funds to buy a home, use as a down payment to buy a home, buy a business, for any reason.
o NO Income Verification (NOT Disclosed)
o NO Employment Verification (NOT Disclosed)
o NO Credit Report (NOT Required)
o UP TO 80% LTV
o RATES FROM 3% FOR 3,5, 7 AND 10 YR ARMS
o $50,000 MINIMUM TO $20 MILLION
The NO DOC Stock Loan is available Nationwide - 50 States and International. We serve customers from all over the world. Foreign securities too.
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