Yes, any borrower is free to assume a mortgage currently held by one of our borrowers.
Read MoreEquityMax does require personal guarantees. The one exception is a loan made to a Self-Directed IRA, where by law, the loan must be a non-recourse loan.
Read MoreEquityMax does not require appraisals as part of our due diligence. If the property is local to the South Florida, Tri-County Area (Dade, Broward, Palm Beach), we will perform...
Read MoreEquityMax requires insurance with Fire and Theft coverages only for a minimum period of 6 months. We do NOT require windstorm, flood, liability, or builder’s risk coverages.
Read MoreEquityMax sends out anywhere from 50-100 properties a week to our subscribers. To join, click here. If you don’t see a viable investment property on our lists, EquityMax can...
Read MoreEquityMax sends out lists of properties for sale – complete with address, pictures, and pertinent details – at least 5x each week. Overall, you can expect to receive anywhere...
Read MoreIn all cases, we will need a copy of the borrower’s three-score credit report as well as the executed contract for all purchase loans. All Loan Originators must submit...
Read MoreAll Loan Originators will be paid on the HUD per written agreement made with the client. Realtors and other service professionals will be paid for services rendered (i.e. BPO,...
Read MoreEquityMax services all of our mortgages in house. We do not outsource this task to a third-party.
Read MoreEquityMax prides itself in being a lender that only lends its own personal funds. We do not carry any bank lines, debt facilities, or require outside investors to originate...
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