The CLG Funds Loans that Fannie/Freddie Lenders Don\'t

1. The Coastal Lending Group
The CLG Does What Fannie/Freddie Sellers Don’t
10 Examples of Loans Funded at The CLG this Quarter
*HVCC appraiser botched the appraisal and the broker needed to use an appraiser
from that area to get a good appraisal....
*Retired borrower with only 1 year of receipt of annuity income. Agency needs two years....
*Loss carryover on taxes made the income a negative, we look for true cash flow and
therefore were able to qualify....
*Loan met all agency guidelines, but broker needed to close in 5 days. We actually funded
on the 4th day of receiving the application...
*600K loan cash out to 70% LTV with a 700 fico. Agency required a 740 fico and capped
the LTV at 65%....
*Purchase of a second home where the borrower owned more than 4 financed properties
*Borrower is self-employed, but for less than 2 years....
*Borrower recently received a raise but did not with an average as conforming requires.
We will take new salary immediately....
*Borrower was self employed and recently changed to a W-2 employee . Again we used
the new salary for the new job to qualify....
*Property was 30 acre parcel and conventional lenders would not lend. We required
2 appraisals, but got it done for them....
We are an A Paper Portfolio Lender with Alt-A For Submission Contact:
Product as well. Send us your 1003, 1008 and Chad Scott
Credit for Quick Pricing and Quick Approvals. National Account Executive
Let us help you Close More Loans (714) 213-1581 Phone
(714) 242-7532 Fax
cscott@TheCLG.com
We Lend in CA, NV, AZ, UT, CO and HI www.TheCoastalLendingGroup.com