Some clients are perfectly served by utilizing their primary bank for a real estate loan, but in many cases, clients with special needs are best served by a Loan Officer at a Mortgage Brokerage. We have a range of loan products available to meet the needs of our clients from Conforming/Conventional to alternative financing. While traditional mortgage loans may work for many borrowers, there are several specialty loans that can help those with specific financial situations or needs. Here are a few of the specialty loans we can help you with:


      1. Private Money Loans: Also known as hard money loans, these are a type of short-term loan that are typically used by real estate investors who need quick access to cash for a property purchase or renovation. These loans are often issued by private investors or companies, rather than traditional banks, and are secured by the property being purchased. Because hard money loans are considered higher risk than traditional loans, they often come with higher interest rates and fees.
      2. Bank Statement Loans: Bank statement loans are a type of mortgage loan that uses a borrower’s bank statements to verify their income, rather than traditional income verification methods like W-2s or tax returns. These loans are often used by self-employed borrowers or those with non-traditional income sources. Bank statement loans typically require a higher credit score and down payment than traditional loans, and often come with slightly higher interest rates.
      3. Cal HFA Loans: Cal HFA loans are a type of mortgage loan offered by the California Housing Finance Agency (CalHFA) to help low and moderate income homebuyers              purchase a home in California. These loans offer below-market interest rates and down payment assistance to eligible borrowers, and come with specific income and purchase price limits. Cal HFA loans are available for both first-time homebuyers and those who have previously owned a home. Imagine 100% financing on a home up to $720,000 (LA County, Owner Occupied, annual income not to exceed $180,000). Yes, there is PMI, but what a great way to get into a home.
    Utilize the form below or call us at 310.564.6415 to review your particular situation.

     

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    Loans are performed through CB Loans Located at 116 S. Catalina Avenue, Suite 111, Redondo Beach, CA 90277. GT Investments and some of its Agents are Loan Officers at CB loans. GT Investments is not a Mortgage Brokerage.

    CB LOANS

    DRE# 01020470
    DFPI# 603-0686
    NMLS# 358-342
    DBO# 603-0686

    GT Investments DRE# 01841913 | NMLS# 1990345

    GT Investments