LOS ANGELES COUNTY LOAN LIMITS 2013 One-Family
Two-Family
Three-Family
Four-Family
FHA Mortgage limits: $729,750
$934,200
$1,129,250
$1,403,400
Fannie/ Freddie: $625,500
$800,775
$967,950
$1,202,925
VA: $668,750
Intercap Lending is a Fannie Mae, Freddie Mac and Ginnie Mae Seller/ Servicer/Issuer. Less than 1% of all lenders nationwide have these three investor approvals. Our mission is to provide affordable home ownership opportunities while earning the trust of employees, borrowers, Realtors, builders and affinity partners. We are a dedicated team of mortgage professionals, committed to helping you exceed your client’s expectations. Financing After A Short Sale, Foreclosure, or Bankruptcy Standard FHA Financing – 3.5% Down Payment · 2yrs after Ch. 7 Bankruptcy (must have re-established credit after BK) · Financing available for borrower in the middle of a Ch. 13 BK (must have court approval and most recent 12 months payments must be on time) · 3yrs after Foreclosure · 3yrs after Short Sale (if delinquencies prior to short sale) · If borrower was not delinquent on mortgage or any installment debt in the 12 months preceding the short sale FHA is an option on a case by case basis immediately after the short sale Standard Conventional Financing – 20% Down Payment · 4yrs after Ch. 7 Bankruptcy (95% available after 7yrs) · 2yrs after Ch. 13 Bankruptcy discharge (4yrs after dismissal) · 7yrs after Foreclosure · 2yrs after Short Sale for 20% down · 4yrs after Short Sale for 10% down · 7yrs after Short Sales for 5% down 26880 Aliso Viejo Parkway, Suite 100, Aliso Viejo, California 92656
Intercap Lending is a leader in conforming, high-balance conforming, FHA, FHA 203K and VA loan programs. Let us customize the right loan for your client’s personal financial needs.
Eric Lawrence Frazier MBA National Sales Manager Direct: 949.600.4134 Cell: 714.361.2105 Toll Free: 866.644.1046 ext.1211 efrazier@intercaplending.com www.intercaplending.com
Corbin Radabaugh Mortgage Banker NMLS #364263 Direct: 949.943.3189 Cell: 949.412.9998 cradabaugh@intercaplending.com www.intercaplending.com
www.intercaplending.com
*Applicant must meet credit and income requirements. Minimum FICO score of 640 required. Certain restrictions apply and not all applicants will be approved. Licensed by the Department of Corporations under the California Residential Mortgage Lending Act #4131105. Intercap Lending is a dba of Suburban Mortgage Company of New Mexico. NMLS #190465.