Scotsman Guide > Residential > Directories > Niche Lenders

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2nd Mortgages

 


Citadel Servicing Corp.
Minimum FICO 550. Owner-occupied only. Property types include SFR only. CLTVs to 70% for owner-occupied (full doc or bank statements for self employed). Minimum loan amount $30K. Max loan amount $250K. 30- or 15-year amortization. No prepayment penalties. Current 1st TD must be $500K or less with a rate no higher than 6.5%. We allow short sales older than 1 year to 70% LTV and recently settled short sales to 65% LTV.
Lending Territory: AZ, CA, CO, FL, ID, NV, OR, TX, UT, WA

Pacific Private Money Loans
Broker friendly with quick turn times and loan scenario responses. Same day LOII. Fast funding. Direct lender. Call or e-mail for more information on programs. 2nd mortgages for both owner (business use of funds) and non-owner properties. We pride ourselves on superior customer service for brokers and borrowers.
Lending Territory: CA

PB Financial Group Corp.
PB Financial Group Corp. offers stated business purpose, owner-occupied and investment properties throughout the State of California. We even have 2nd position stated loans up to 60%-65% CLTV. First position loans up to 65-70% LTV and purchases up to 65-70% with exception up to 80% of the purchase price. Approvals are within 4-6 hours and funding as quickly as 5-7 business days.
Lending Territory: CA

PSG Capital Partners Inc.
We offer 2nd TD to 70% and up  to $1.5M. We lend primarily in Southern California: LA, Riverside, San Diego and Ventura counties.
Lending Territory: CA


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