Why Choose Vellavision?
What we do:
- Facilitate preapprovals in 24 hours.
- We locate the lender or private bank with the best financing terms for your scenario in the market after doing a complete analysis of your income, reserves credit, and property.
- We assist with lending for purchase transactions with fast approval, appraisal, and closing times.
- We advise on refinancing and restricting of debt.
- Speak with your realtor and the listing agent of the property you’re interested in purchasing to provide reassurance of your qualifications which can helpful in winning the purchase.
- We provide financing for out of the box situations such as TIC, COOP Condo-tels, Mixed Use properties.
- Buy before Sell financing, Bridge financing along with construction financing.
- Provide the lowest interest rate options available by private banks, banks, credit unions and private funding.
Vellavision banking relationships can provide:
- A purchase money loan with a rate that can be lowered by request should interest rates drop in the future without paying refinancing costs.
- Discounted interest rates of up to .750% through private banking relationships.
- Cross collateral loans where no down payment is required for a new purchase.
- A buydown loan on a jumbo product that starts 2% below the going rate.
- Interest only loans to increase cash flow.
- Lot loans, construction, and rehab loans.
- Loan amounts up to 3.0 million dollars with as little as 15% down payment.
- Loan amounts to 5.0 million dollars with as little as 20% down payment.
- We have relationships that provide financing in all 50 states.
- Financing with 5% or 10% down payments with no mortgage insurance up to $2.0 million loan amounts.
- Loans up to $30.0 million
Problems we overcome:
- Purchasing a property prior to selling your current residence.
- Leveraging other assets for down payment or investments such as Real estate, Yachts, Planes or Art you currently own.
- Self-employed borrowers with complex income.
- Not all lenders and banks use RSU income to qualify. We have the relationships that do.
- How to increase your credit score to take advantage of the lowest interest rates possible.
- Condominiums with high rental or investor concentration.
- Properties in less than desirable condition.
- TIC or Coop financing