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
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• No more
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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
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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.