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Michael Mikhail, the CEO and Founder of Stratton Equities is interviewed by Mark Favaloro owner of AAamtrust Mortgage about Soft Money Loans and if Soft Money is the Future of Lending. Nationwide Soft Money Loans A soft money loan requires more underwriting than a hard money loan, allowing it to have lower rates and greater security. It is based on both the borrower’s credit score and the property’s LTV, and is usually a term loan rather than a bridge loan. In the context of lending, the term ‘soft money’ implies that this type of loan falls somewhere between a hard money loan and a traditional mortgage. Rates Starting at 4.375% $100K – $5M Up to 85% LTV Blanket Loan Options Available Single-Family, Condos, Townhomes, Multi-Family, Commercial, Mixed Use, Office, Retail, Industrial, Warehouse Fixed rates/Adjustable 5/1 ARM, 7/1 ARM, 30 Year Fixed Interest Only Option Available Foreign Nationals Eligible No Prepayment Penalty Option Available Find out more at www.strattonequities.com
Stratton Equities now offers NO-DOC (no documentation) loans for Real Estate Investors! What is a NO-DOC Mortgage Loan? Rates Starting at 4.375% $100K – $5M Up to 85% LTV Blanket Loan Options Available Single-Family, Condos, Townhomes, Multi-Family, Commercial, Mixed Use, Office, Retail, Industrial, Warehouse Fixed rates/Adjustable 5, 7, 30 Year Fixed Interest Only Option Available Foreign Nationals Eligible No Prepayment Penalty Option Available Apply now at Stratton Equities - Link in Bio! A Loan Officer will get back to you within 24 hours. Call us today at 1-800-962-6613 or email us at info@strattonequities.com
Very excited to announce we are starting a new round of hiring! We are actively looking for new candidates to add to our hard working, exclusive, sales team. Our company is constantly expanding and we want dedicated, tenacious, individuals who are passionate about making money, closing deals, and changing people's lives. At Stratton Equities, we have a rigorous proprietary training process for our Loan Officer team and our managers are there every step of the way. Benefits of Working with Stratton Equities: - Direct Leads Daily - Open Door Policy with Management - Hands on Training with Executive Team - Largest Library of Private Money & NON-QM Loan Programs under one roof - Opportunity to say "YES!" more than "NO" Ready to join our team? Apply Now and find out more about Stratton Equities at www.strattonequities.com
Tips for New Real Estate Entrepreneurs from Stratton Equities Today, we’re revealing the top tips for new real estate entrepreneurs from Michael Mikhail, CEO & Founder of Stratton Equities. Read on to forget the advice that doesn’t work and find out how to increase your chances of success when investing in real estate. What Real Estate Entrepreneurs and First Time Investors Need to Know Below are the top 3 tips Michael Mikhail recommends for those new to real estate investment: Tip 1: You Need to Have Good Credit and Liquid Cash Tip 2: You Need to Build a Team Tip 3: When the Numbers Don't Work, Walk Away The Bottom Line: Be a Better, Stronger, and More Secure Borrower Any ambitious investor who wants to be successful needs to focus on becoming a more secure and desirable borrower. This means ensuring your finances are in order, building your network, knowing when to walk away, and bringing something valuable to the table. When you’re ready to invest, Stratton Equities can help!
Without a doubt, the rise of social media has increased the online presence and apparent ubiquity of successful real estate investors across the nation. However, that doesn’t mean that every piece of real estate investment advice you encounter online is legitimate. In reality, these investments cannot be rushed, there’s no “magic bullet” that beats a systematic approach, and most new investors fail to turn a profit. The Bottom Line: Be a Better, Stronger, and More Secure Borrower Any ambitious investor who wants to be successful needs to focus on becoming a more secure and desirable borrower. This means ensuring your finances are in order, building your network, knowing when to walk away, and bringing something valuable to the table. When you’re ready to invest, Stratton Equities can help. We are the nationwide leading direct Hard Money and NON-QM lender, with an impressive array of programs, lowest private money rates (starting at 4.375%), professional team of experienced loan officers, and quick loan approval process.
Working with a Hard Money Lender gives Realtors the opportunity to close deals quicker and without hassle, enabling them to help all real estate investors finance their investment. Since Hard Money lenders base loan qualification on the value or potential value of a property, real estate investors who may have trouble qualifying for a traditional mortgage are ideal candidates for a Hard Money Loan! Why Should You Work with a Hard Money Lender? As a realtor, working with a Hard Money lender enables you to provide more types of real estate investors with loans that fit their unique situations. Rather than simply assisting those real estate investors who are eligible for a traditional mortgage, you can also help investors who are interested in purchasing property that cannot be approved for a traditional loan. Not only does working with a Hard Money lender allow you to close deals on a fast timeline, but also improves their satisfaction because they know you can help them get approved for a quick loan that will fund their investment, not matter their situation.
Why is Soft Money the Future of Lending? Calling soft money ‘the new hard money’ may seem trite and contrived, but upon further reflection, soft money truly is the direction for the future of lending. An innovative approach combining the benefits of hard money loans with lower risk, higher rates, and a term loan time-frame, soft money loans fit many borrowers far better than the higher risk, lower rates, and bridge loan time-frame of the hard money loan. While the hard money loan is still the best option for many real estate investment scenarios, the soft money loan will increasingly become the loan used by first-time homebuyers, borrower’s looking to build their credit score, and investors with a good credit history who are looking for higher risk and lower rates. When you’re ready to invest, Stratton Equities can help. We are the nationwide leading direct Hard Money and NON-QM lender, with an impressive array of programs, lowest private money rates (starting at 4.375%), professional team of experienced loan officers, and quick loan approval process.
Stratton Equities' kicked off our Summer Loan Officer Training Program with our new Loan Officer trainees. For the May 2021 class, we've created the most detailed and thorough private money lending training in the industry. We ensure that all of our Loan Officer trainees are experts with the current loan programs and the new loan products developed by our team. Ready to start a new career as a Loan Officer? Apply Now and join our Winning Team!
“Our Programs are made for Investors. It makes it much easier for Real Estate Investors to get approved and get qualified to continually buy a whole portfolio of investment properties. “ - Michael Mikhail, CEO, Stratton Equities Stratton Equities is the leading Nationwide Direct Hard Money & NON-QM Lender that specializes in fast and flexible lending processes. We have the largest library of loan products Nationwide!
Join Our Team! Looking to Become a Mortgage Loan Processor? At Stratton Equities, the Mortgage Loan Processor is in charge of managing a variety of loan documentation duties to include reviewing loan packages for conformity to investor requirements, correcting errors and obtaining missing information necessary for a loan decision to be made. The Mortgage Loan Processor will organize and maintain a pipeline of loans and will be responsible for the timely and compliant flow of such loans after loan origination, up until loan closing. This position requires communicating with the borrowers in a timely fashion and working directly with the Sales and Management team. The Mortgage Loan Processor will process mortgage loans for investment properties, utilizing our innovative library of loan programs with a quality that is consistent with Client and Radian Services policies and procedures as well as meeting all regulatory requirements. Interested in joining the Stratton Equities' Team? Apply with Your Resume Today!