Another successful closing in the Sunshine State! Our client secured a beautiful Florida property using a Non-QM loan the perfect solution for borrowers who may not fit traditional lending guidelines but are financially strong. Let’s break down this winning deal: 📊 Loan Snapshot 💰 Purchase Price:  $507,000 🏦 Loan Amount:  $405,600 📈 Interest Rate:  6.49% (Fixed) 💵 Principal & Interest:  $2,561.00 📑 Estimated Escrow:  $1,232

This latest LJ Mortgage Team Inc.  closing highlights the power of strategic investing and smart financing! 💼 Investor Purchase:  Single-family property (to be converted to 2-family) 💰 Purchase Price:  $700,000 | Down payment:  30% 👥 Borrowers:  2 | Credit Score:  689 💵 Household Income:  $353,949 | Business Owners 📉 Monthly Liabilities:  $47K 📑 Property Taxes:  $5,327 | HOI:  $2,015 📈 Interest Rate:  6.75% 💳 P&I Payment:  $3,178.13/month ⚠️ Prepayment Penalty (PPP):

Another successful closing for the LJ Mortgage Team  — helping investors make smart moves in the real estate market! 📍 Property Location:  Indiana 💰 Property Value:  $280,000 🔑 Down payment (20%):  $56,000 📑 Closing Costs:  $13,688.58 (~4.89% of purchase price) 📈 Interest Rate:  6.375% 💵 Monthly Payment (with Escrow):  $1,839.33 📊 Loan Type:  DSCR – Investment Property 📉 Credit Score:  740 🏠 Property Taxes:  $3,759 | HOI:  $1,543

At LJ Mortgage Team, every closed loan tells a story and this one highlights the power of DSCR Loans  for real estate investors. ...