(SEE MEMO FROM DRE COMMISSIONER REGARDING BANKS REQUIRING CROSS-APPROVALS HERE)
Although we highly recommend the services of our Preferred Lenders, if your buyer prefers to stay with his or her lender, kindly submit the following to our Preferred Lender to obtain the REQUIRED cross-approval. Fax the below items and CLEARLY STATE “MODERN REALTY R.E.O. PROPERTY ADDRESS IS __________” so our Preferred Lender can also send us the preapproval email. Please send the following items:
Group I) 1003, 1008, AND 1st Page of credit report with scores
OR
Group 2) 1003 AND Decision engine findings
DOES OUR REO LOOK NON-FINANCEABLE?
Special Rehab (Renovation) Loans are available from EACH of our lenders partners listed below! Call them directly for more information.
• FHA OFFERS A PROGRAM WITH ONLY 3.5% DOWN PAYMENT TO FINANCE THE RENOVATION OF
OWNER-OCCUPIED PROPERTIES
• RENOVATION LOANS AVAILABLE FOR NON OWNER-OCCUPIED DEALS
If you would like a referral, we recommend the services of:
Thomas Bouda
Home Mortgage Consultant Renovation Specialist Wells Fargo Home Mortgage MAC E2219-020 4590 MacArthur Blvd., Suite 125 Newport Beach, CA 92660 714.970.4664 Tel 714.423.1060 Cell 866.762.8944 Fax thomas.m.bouda@wellsfargo.com http://www.wfhm.com/thomas-bouda
Your #1 source for Foreclosure's and Bank Owned REO's
This website contains information on Orange County Real Estate, Los Angeles Real Estate, Foreclosures & Bank Owned REO's. Modern Realty Co. is a full service real estate company located in the Los Angeles/Orange County area. We specialize in Orange County & Los Angeles Foreclosures & Bank Owned REO Properties. Sign up for our FREE REO List by email and get updated weekly on new REO's and foreclosures. Search the entire Orange County & Los Angeles Real Estate MLS. View our featured properties in Orange County & Los Angeles California.
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REO Modern Realty Corp 11900 South St. Suite 109B Cerritos, CA 90703-7104
