chaseforeclosureblog.com » Financing http://chaseforeclosureblog.com Information on the Chicago and Surrounding Communities Home Foreclosure Market. Wed, 01 Feb 2012 15:22:14 +0000 en hourly 1 http://wordpress.org/?v=3.0.1 Investor REFI Underwater MTG’s http://chaseforeclosureblog.com/2010/10/14/investor-refi-underwater-mtgs/ http://chaseforeclosureblog.com/2010/10/14/investor-refi-underwater-mtgs/#comments Thu, 14 Oct 2010 16:27:00 +0000 http://chaseforeclosureblog.com/?p=1352 INVESTOR REFINANCE OPTION FOR MORTGAGES UNDERWATER!

Jesse Byrer has a new refinance option available for investors and homeowners.
Want or need a lower rate?

The new program is called:
“Making Homes Affordable For Real Estate Investors Too”

Fannie Mae and Freddie Mac insured properties will qualify.
(Commercial loans will not fall into this program)

To find out if your property will qualify check these two links:

Fannie Mae Look-Up Click Here

Freddie Mac Look-Up Click Here

Enter your property address in field- if you get a “Match” or a “Yes”on either site call Jesse Byrer 773-661-2462.

]]> http://chaseforeclosureblog.com/2010/10/14/investor-refi-underwater-mtgs/feed/ 2 Rates At 50 Year Low Refi Now! http://chaseforeclosureblog.com/2010/05/26/rates-at-50-year-low-refi-now/ http://chaseforeclosureblog.com/2010/05/26/rates-at-50-year-low-refi-now/#comments Wed, 26 May 2010 19:22:28 +0000 Christian Chase http://chaseforeclosureblog.com/?p=1214 With interest rates at a 50 year low- now is the time to refinance. Lock and Load’em.

Click Here For Jesse Byrer’s Website

]]> http://chaseforeclosureblog.com/2010/05/26/rates-at-50-year-low-refi-now/feed/ 4 Investors Refinance Now! http://chaseforeclosureblog.com/2010/03/19/investor-refinance-now/ http://chaseforeclosureblog.com/2010/03/19/investor-refinance-now/#comments Fri, 19 Mar 2010 22:52:17 +0000 Christian Chase http://chaseforeclosureblog.com/?p=1105 Give Yourself a Stimulus!

Scenario $300,000 Loan  

    @ 5.875% = $1,775 Monthly Pmt

    @ 4.875% = $1,587 Monthly Pmt

$187 Monthly Saving!

 Over $4,000 Savings in 1st Year!

Rates Now at Record Lows, Now is the Time to Refinance.  Take Advantage of Saving Money in this Economy by refinancing the home you live in and investment property.

Read more on how much time you have left by clicking the link:

The Wall Street Journal:  Nabbing a Bargain-Basement Mortgage Before Rates Rise

Contact Jesse Byrer to discuss options to put money back into your pocket!

jesse.byrer@enmcdirect.com or 312-730-5250

]]> http://chaseforeclosureblog.com/2010/03/19/investor-refinance-now/feed/ 4 Financing For Investors Video http://chaseforeclosureblog.com/2010/01/23/financing-for-investors-video/ http://chaseforeclosureblog.com/2010/01/23/financing-for-investors-video/#comments Sat, 23 Jan 2010 19:04:30 +0000 Christian Chase http://chaseforeclosureblog.com/?p=999 Hybrid Loan / Platinum Loan / Rehab Loan / Conventional Loan

Learn from Chase Real Estate’s Lender on How to Finance Investment Property. 

Christian Chase

]]> http://chaseforeclosureblog.com/2010/01/23/financing-for-investors-video/feed/ 1 Investment Calculator For R.E. Investors http://chaseforeclosureblog.com/2009/12/21/investment-calculator-for-r-e-investors/ http://chaseforeclosureblog.com/2009/12/21/investment-calculator-for-r-e-investors/#comments Mon, 21 Dec 2009 20:54:23 +0000 Christian Chase http://chaseforeclosureblog.com/?p=965 shutterstock_1466462The most comprehensive real estate investment calculator available.  We have taken ALL of the guess work out. This is the exact calc I personally use when creating the pro forma.

Analyze your deals using two different formulas:

Calculator #1 Fix up & Sell (Flip)

Calculator #2 Fix-up & Rent ( Cash-out Refi)

Calculator #3 Amortization Schedule

Click Here For Investment Calculator

(Use tabs at bottom of sheet to navigate)

]]> http://chaseforeclosureblog.com/2009/12/21/investment-calculator-for-r-e-investors/feed/ 1 10% Down Loan Program For Investors http://chaseforeclosureblog.com/2009/10/15/10-down-loan-program-for-investors/ http://chaseforeclosureblog.com/2009/10/15/10-down-loan-program-for-investors/#comments Thu, 15 Oct 2009 19:32:37 +0000 Christian Chase http://chaseforeclosureblog.com/?p=897 New Loan Program Launched Today! 10% Down Loan with Rehab, and Closing Costs Financed Into Loan.   

This program was developed to meet the unique, and largely neglected, financial needs of our real estate investors. These rehab loans provide 90% financing for the purchase, improvements and closing costs for 1-4 family non-owner occupied properties. All Chase Real Estate foreclosure properties qualify for this loan.

  •                           +10% Down Payment
  •                           +Rehab Financed in Loan
  •                           +9 Month Loan Term
  •                           +Interest Only – No Prepayment Penalty
  •                           +680 Minimum Credit Score
  •                           +Closing Costs Financed In Loan

Click Here For Application Page ( www.ChaseForeclosure.com/commercial_lender.php )

]]> http://chaseforeclosureblog.com/2009/10/15/10-down-loan-program-for-investors/feed/ 2 Investor 7 Year Fixed Loan 4.875% http://chaseforeclosureblog.com/2009/10/08/investor-7-year-fixed-loan-4-875/ http://chaseforeclosureblog.com/2009/10/08/investor-7-year-fixed-loan-4-875/#comments Thu, 08 Oct 2009 21:35:59 +0000 Christian Chase http://chaseforeclosureblog.com/?p=860 Investors that plan on selling their property in the next 7 years should take a look at this refinance loan.  Rates are a full point less than a 30 Year Fixed Loan which will create thousands of dollars additional cash flow over the loan term.

7 Year Fixed Loan (Amortized over 30 Years) 4.875%

Jesse Byrer is Chase Real Estate’s in-house lender who has access to multiple loan programs for investors.

Jesse Byrer

Jesse

Branch Manager

312-846-1136 (direct)

312-277-3273 (efax)

www.mymortgagebanker.us

]]> http://chaseforeclosureblog.com/2009/10/08/investor-7-year-fixed-loan-4-875/feed/ 0 10% Down Foreclosure Loans http://chaseforeclosureblog.com/2009/09/21/10-down-foreclosure-loans/ http://chaseforeclosureblog.com/2009/09/21/10-down-foreclosure-loans/#comments Mon, 21 Sep 2009 16:29:30 +0000 Christian Chase http://chaseforeclosureblog.com/?p=843 Investors are now able to purchase select foreclosures with a 10% down payment. Learn more from our mortgage banker.

Jesse Byrer – Eagle Nationwide Mortgage – 312-730-5250

www.mymortgagebanker.us

]]> http://chaseforeclosureblog.com/2009/09/21/10-down-foreclosure-loans/feed/ 0 “Cash is King” the Fallacy http://chaseforeclosureblog.com/2009/09/05/cash-is-king-the-fallacy/ http://chaseforeclosureblog.com/2009/09/05/cash-is-king-the-fallacy/#comments Sat, 05 Sep 2009 19:17:29 +0000 Christian Chase http://chaseforeclosureblog.com/?p=824 shutterstock_29314417My firm represents many banks and government agencies selling their REO (Real Estate Owned) inventory. I hear often from investors that “Cash is King” when submitting offers on these homes. This is completely false and here’s why; banks and government agencies look at their net price not the type of financing. I have submitted offers on REO’s both cash and financing and they are treated equally. When making a purchase for cash the bank will require a proof of funds, when making an offer with financing the bank will require an approval letter. The approval letter should state: maximum purchase price, type of loan, term, expiration, and any outstanding conditions. So, when you hear “regular” Realtors  talk about cash offers being stronger you’ll know this is a fallacy.  Lenders at Chase R.E. are experienced in drafting bid winning approval letters.

]]> http://chaseforeclosureblog.com/2009/09/05/cash-is-king-the-fallacy/feed/ 2 Cash-Out Refinance Program http://chaseforeclosureblog.com/2009/08/12/cash-out-refinance-program/ http://chaseforeclosureblog.com/2009/08/12/cash-out-refinance-program/#comments Wed, 12 Aug 2009 23:12:47 +0000 Christian Chase http://chaseforeclosureblog.com/?p=798 Jesse Byrer with Eagle Nationwide and Chase Real Estate has a new cash-out refinance program available to investors. Watch short video (1:02) below:

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