Realty411 Magazine Featuring Missy McCall-Hammonds | Page 74

Unique Options for Investors, pg. A14 to the financing they need to Still, Reiff says innovation Reiff said that FirstKey grow, and we’re here to make is in the blood of FirstKey, has seen strong demand for sure that they can develop their which is committed to con- its products and only expects portfolios.” stantly optimizing its current that demand to increase. “Our FirstKey couldn’t have had product and creating new business is accelerating as better timing in coming to programs to meet the needs more and more customers – of its customers. “Entrepre- most of whom have historically market with a lineup of new neurial borrowers value flex- had only limited access to these mortgage loan products aimed at the small and middle market. ibility, whether they own one types of financing – are ex- Looking to fill the void in property or 5,000,” he said. posed to the variety of products affordable investment hous- “We are proud to be a market FirstKey offers,” Reiff noted. leader in tailoring products “The majority of our target in- ing financing, FirstKey has vestors in the one- to four-fam- provided the fuel for real estate to their unique needs. We investors to make it happen. recognize the importance ily rental finance market have In addition to the successful of excellent service and are historically been unable to launch of the Investor Property highly focused on delivering avail themselves of affordable Express and Investor Portfolio just that. It’s not enough to financing. We’re very excited simply offer debt solutions. to see that number grow as that Express loan products, First- Key continues to be the market We also need to ensure that market continues to expand.’’ leader in its Portfolio Premier our customers are comfort- Reiff continued, “There’s loan products that are geared able with the process and can been a lot of focus recently on toward larger investors as well. choose a product that is best the very large investors in the suited to their needs.” one- to four-family residen- Ingenious Loans for Surely there will be more tial rental properties, but it’s Smart Investors... to come. important to remember that FirstKey clearly offers some Want to know what First- the largest segment of this progressive financing solu- Key can do for you? Check market is represented by the lend on distressed Estate Investments! tions, positioning the lender Real them out online, or, Reiff more entrepreneurial owners We as the vanguard of the new suggests, “Bring us your port- who may have as few as 10 mortgage capital landscape. folio, and let us help evaluate properties or less. These own- ers typically have strong ties your options.” v to their communities and are Two NEW Rehab Loan Programs, pg. A7 looking to grow their portfolios in a disciplined fashion over • Properties with inspection clients are operating in. time. They haven’t had access Additionally, Todd Pigott issues explains where there is real distress, investors are • Single and small adding real value, and are multifamily properties with not artificially pumping up Stop Work Notices and permit the market. This means both issues We specialize in reaching sustainable lending, and affluent and accredited inves- sustainable investing, as well ZINC Financial can lend as solid home price growth. tors with our unique brands. on properties that other Realty411 produces multiple companies simply can’t. How to Ink Your publications to reach differ- In fact, Pigott says when it Next Deal with ZINC comes to approving loans “the ent segments of the investor Program Highlights: PROGRAM HIGHLIGHTS: • • No more distressed the better,” No Primary Primary Residence Residence population, all while creating Find out about the • No more Pre-Payment Penalties! • No Pre-Payment Penalties! and “if it has a floor, roof, and a variety of pricing options for Velocity and Buy up and Hold • Loan Amounts to $400,000* • Loan mounts up to $800,000 some wood in between we’ll Short Term Bridge Financing* Rehab • • Loan Programs online: our valued advertisers. Short 12.5 Term – Bridge • Rates: 14% Financing* finance it!” a program http://www.ZINCfinancial.net Realty411 is unique, contact • Rates starting out at 10.0% • LTV: 65% to 80% of purchase price Some might see this designed as taking just or call • • directly: (559) Points see 326- website Up to vary. 85% Please of Purchase us to learn more about our for sees real estate on risk, ZINC Financial pricing information 2509. Broker submissions are • for Points vary. Please see website creative marketing campaigns. investors! also welcome. this as providing a desperately for pricing information needed, high-value service for both investors, and the Hard Money Wholesale Lender communities their investor Funding at High Speed! loans unique is that they are secured against single properties. Reiff described the new loan program as “a natural expansion” of the company’s efforts to serve all types of single-family rental property investors. Under the program, FirstKey does not place any limits on the number of properties a borrower may own that are financed by other lenders. That contrasts sharply with limits imposed by Fannie Mae and Freddie Mac, which allow borrow- ers to hold a maximum of 10 and four financed one- to four-family properties, respectively. The Investor Property Express loans are a 30-year, fixed rate product and require a minimum credit score of 620. FirstKey Commercial offers customized bridge loans from $1 million to $25 million for use in purchasing, refinancing or repositioning commercial properties such as office, re- tail, multi-family, industrial, self-storage and flagged hospitality properties. Unique Market Unique Media 411 INSIDE: Find the Funds with PrivateMoney411 – Special Supplement Print • Online • Network A Resource Guide for Investors www.realty411guide.com | Vol. 5 • No. 1 • 2014 The Future of Real Estate 1 Men in Black: Stephan Piscano, CEO of ListedBy.com and Kent Littlejohn, Vice President of ListedBy.com Vol5No.1.indd 1 IAL EC ! SP dition E 1/29/2014 11:30:23 PM 805.693.1497 [email protected] Realty411Guide.com FINANCIAL, LLC PAGE A18 • 2014 Equity Based Lending Wholesale Division • California • Arizona Fax 866.602.8892 zincfinancial.net reWEALTHmag.com Telephone 559.326.2509 This information is for use by mortgage professionals only and should not be distributed to the general public. All loans are made in compliance with Federal, State and Local Laws. This is not a commitment to lend. Loans made or arranged pursuant to a California Lender’s License. Loans made or arranged in Arizona must be represented and originated by a mortgage broker qualified to do business in that state.