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Underwriting Guidelines

LJL Funding's Hard Money Wholesale Guidelines are designed to allow credit hindered borrowers qualify for a loan that will help them preserve the equity in their home while they work through their current credit problems.  The guidelines are designed to allow those borrowers who can show a Net Tangible Benefit from our loan -- meaning that we need to be sure that the borrowers are truly benefitting from the loan. 

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Quick View Guidelines

Full Guidelines
 

Net Tangible Benefit Worksheet

Condo Questionnaire

 

Our homeowners insurance guidelines mirror those of Fannie Mae.  To see those guidelines via AllRegs, click here and look under the most recent Seller/Servicer guide under the Homeowners Insurance Coverage section.

Copyright 2008, LJL Funding, LLC