Get free access to our world class MLS search tools, save your favorite listings, create saved searches & much more!

Las Vegas Lender Thinks Outside the Box!

Posted by Mastura Zaini-Roberts on Tuesday, March 18th, 2014 at 9:17pm.

High Rise Condos Loans in Las VegasThe Tonnesen Team preferred lender, All Western Mortgage, has secured a relationship with one of the top credit unions in Las Vegas, and is now able to offer three very exciting and new loan programs that NO OTHER LENDERS HAVE. Check out the guidelines for their fresh start loans (only one day out of short sale or foreclosure!), jumbo loans (with as little as 5% down!) and high rise condo loans (with as little as 5% down!)

Click here to apply online

1)   AWM Fresh Start Mortgage! One day out of short sale or foreclosure! 

  • 80% Loan to Value from $100,000 - $1,000,000
  • 75% Loan to Value from $1,000,001 - $2,000,000
  • Minimum Loan Amount is $100,000
  • Rates as low as 4.75% for 30 Years and 3.625% for 15 Years
  • Minimum 620 Credit Score
  • Minimum 6 months reserves
  • Primary Residence Only
  • Letter of Explanation for Short Sale or Default
  • 1 Day out of short sale/foreclosure allowed. (BK ok if correlated to Short Sale/Foreclosure)
  • Borrower must join Credit Union prior to close with a $100.00 opening balance 

2)  JUMBO Loans up to 95% LTV! 

  • 95% Loan to Value up to $850,000 Loan Amount.
  • 80% Loan to Value from $850,001 - $1,000,000
  • 75% Loan to Value from $1,000,001 - $2,000,000
  • Minimum Loan Amount is $417,000
  • Rates as low as 4.75% for 30 Years and 3.625% for 15 Years
  • Minimum 620 Credit Score
  • Minimum 6 months reserves
  • Mortgage Insurance – Monthly or One Premium at Closing.
  • Second Home Max 90% LTV (No Investment Properties)
  • Borrower must join Credit Union prior to close with a $100.00 opening balance 

3)  HIGH RISE Condos or NonWarrantable Low Rise Condos! 

  • 90% Loan to Value from $100,000 - $850,000
  • 80% Loan to Value from $100,000 - $1,000,000
  • 75% Loan to Value from $1,000,001 - $2,000,000
  • Rates as low as 4.75% for 30 Years and 3.625% for 15 Years
  • Minimum 620 Credit Score
  • Minimum 6 months reserves
  • Second Home Max 90% LTV (No Investment Properties)
  • Condo cert required to determine no structural litigation
  • Borrower must join Credit Union prior to close with a $100.00 opening balance
  • No Condo-hotels on this program, but we have an alternate lender that can do 20% down condo hotel loans

If you haven’t been able to find the right mortgage loan to fit your situation yet, AWM just might have it. Give us a call today at 702-985-7654 or fill out a short online application at http://www.greatlasvegashomes.com/preferred-mortgage-lender.php

Mastura Roberts
(702) 919-5400
offers@greatlasvegashomes.com

Team Leader, The Tonnesen Team
Berkshire Hathaway HomeServices, Nevada
3185 St Rose Pkwy #100 Henderson, NV 89052

With over 30 years of experience helping families call Las Vegas "home!"



Related Blog Posts

Top 10 Las Vegas Hotel Pools

No swimming pool in your Las Vegas home? If you aren't fortunate enough to have a swimming pool in your Las Vegas home, you might want to consider booking into a hotel for the weekend to beat the heat. While most Vegas hotels have swimming pools, some are more impressive than others - here are some of our favorites: 1....

Just Sold – 9335 Shawnee Mission Ave. Las Vegas, NV 89178

  First time Las Vegas home buyers dream come true! The buyer was determined to find the home of her dreams at a price she could afford, not always an easy task, but with Tami Jacobson, a star agent on the Tonnesen Team at Berkshire Hathaway HomeServices, she was on the right path. Tami was able to identify th...

Median US home value at decade high but no bubble says Zillow

The median value of US homes has increased to $198,000 according to data from Zillow.The increase in April is 1% above the peak of 2007 ($196,600) and the year-over-year rise was 7.3% as tight inventory saw increased competition in many markets.However, comparing current conditions to a decade ago, Zillow’s chief...

Las Vegas Lender Thinks Outside the Box!

The Tonnesen Team preferred lender, All Western Mortgage, has secured a relationship with one of the top credit unions in Las Vegas, and is now able to offer three very exciting and new loan programs that NO OTHER LENDERS HAVE. Check out the guidelines for their fresh start loans (only one day out of short sale or fore...

2019 Las Vegas Relocation Guide

This is a great resource for information about las vegas -- for locals and for those planning to relocate. CLICK HERE TO DOWNLOAD:  2019 LAS VEGAS RELOCATION GUIDE  This Guide contains valuable updated information about all of the below and more !- Zip code map of the city- MLS map of the city- Climate in...

2 Responses to "Las Vegas Lender Thinks Outside the Box!"

garyliu88@gmail.com wrote: Investment loans

have you got more info on Investment loans ?
all the ones on
http://www.greatlasvegashomes.com/blog/local-las-vegas-lender-offers-new-programs.html
are not for investments?

also if i can serve the loan with rental income easily and being able to come up with the deposit, is there any borrowing capacity for investment properties ?

Posted on Monday, April 7th, 2014 at 5:05pm.

Diann Tonnesen wrote: Our lender also has investment portfolio loans. Would you like me to have him contact you about their various products and strategies for financing?

Posted on Monday, April 7th, 2014 at 5:16pm.

Leave a Comment

Have a Question?

Contact Us

Follow Us