Monthly Archives for August 2015

$162,000 For A Primary Broken into an 80/15/5! #FundingFriday

Noble Mortgage had the opportunity to fund a $162,000 conventional loan for a borrower who was originally working with a bank on a primary purchase requiring 20% down. We broke the loan into an 80/15/5 so only 5% down was needed, and we also got him a better rate!


$525,000 Loan to Purchase a Tear Down #fundingfriday

Noble Mortgage had the opportunity to fund a $525,000 loan to purchase a tear down home in West University. The builder will tear down the home and work on plans to eventually build a $2MM+ home but only needed money for the lot initially.


$136,000 Rehab to Perm Loan #FundingFriday

Noble had the opportunity to fund a $136,000 rehab to perm loan for a property here in Houston! This borrower was able to borrow 100% on this transaction. Purchase price, rehab, and closing costs were ALL included in this loan. This is our 5th deal with this client.  


$625,000 loan for a primary #fundingfriday

Noble Mortgage had the opportunity to fund a $625,000 loan for a primary through one of our portfolio lenders on a 24-month bank statement program.