Source1 Funding
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Source1 Funding is a service that might allow you to get information from, and/or be contacted by, lenders. If so, we will have you complete a separate form on the Site for that purpose. You understand that (a) we are not a lender ourselves, nor a mortgage broker; (b) the information you submit will not be treated as a loan application for purposes of the Real Estate Settlement Procedures Act; (c) by submitting information you are giving us permission to forward the information to lenders, and for lenders to contact you; (d) lenders may provide us with information concerning your loan; (e) we are independent of any lender who contacts you; (f) we do not guaranty that the lenders who contact you will offer the best terms available, or even competitive terms; (g) we do not guaranty that the information provided to you by lenders will be accurate; (h) should you submit an application to a lender, you proceed at your own risk, and will not hold us responsible for any claims you might have against the lender, including but not limited claims for fraud; and (i) we WILL NOT provide the information you give us, including your name and email address, to other service providers including title companies or insurance agencies or lenders without your permission.
Contact
Your Money Lady:
Mary Flynn
Lender Consultant
253-282-5447
yourmoneylady2@gmail.com
WHY PARTNER WITH SOURCE 1 FUNDING?
You find the property, Source1 Funding will bring the funding and we share the profits
APPLICATION
PROPERY TYPES
LOAN PURPOSE
LOAN AMOUNT
TERM
INTEREST RATE
ORIGINATION POINTS
LOAN PERAMETERS
MINIMUM CREDIT
APPRAISER LEVEL
PREPAYMENT PENALTY
LENDER RATES
$197 per loan
NOO SFR (1-4 units)
Acquisition, Cash-out, Refi, Rehab
$30,000 to FHA CAP
6-24 Months
8-15%
0-5
90% Purchase, 100% Rehab
Not to exceed 65% LTV
Cash-Out Refi 50% LTV
N/A
General Appraiser
N/A
PARTNER RATES
None
NOO SFR (1-4 units)
Acquisition, Cash-out, Refi, Rehab
$30,000 to FHA CAP
6-24 Months
9.75% (flat)
1-2
100% Purchase, 100% Rehab
Wrap Closing Costs
Not to Exceed 70% LTV
Cash-Out Refi 50% LTV
N/A
Alternative Appraisal
(General appraisal required for
$25000 Cash- Out
N/A
Matching Great Deals with Great Funding Sources
Experienced Investors must qualify for this program with the completion of a minimum of 2 fix and flips, Broker Agreement, JV Agreement and plus a current Purchase and Sale Agreement accepted by the Lender.
First Name
Last Name
Email
PHONE
Address
City/State/ Zip
Print, sign and email forms to:
yourmoneylady2@gmail.com
Number of properties flipped in the last 24 months:
Ask about our friends and business referral program and receive $500 for clients who successfully close a loan with SOURCE1 FUNDING.
