Fundings

Fundings 2017-11-02T12:20:10+00:00

NON-OWNER Cash-out REFI closed in 5 days!

Loan Amount: $339,500

Broker Commission: $ 10,620.00

Athas Account Executive: Pasha Paran

Account Executive Phone Number: 818-930-5563

Account Executive Email: pasha@athascapital.com

FICO: 742

Credit Grade: A+

Term Requested: 30 Year Fixed

Interest Rate: 6.75%

Prepay Protection: 3 Year Pre-Pay

Occupancy: NON-OWNER

City and State Collateral was Located in: Riverside, CA

Type of Collateral: SFR

Special Circumstances: Borrower needed to close quickly as she was planning on using the cash to purchase another investment property. She did not have reserves nor did she want to prove any income and was looking for a conservative program at PAR. ATHAS, was able to offer her a 30 YEAR FIXED at PAR with no DSCR requirement and no reserves requested AND was able to close in 5 DAYS! NON-Owner is our forte and once again we proved why. Let us show you how quickly we can close for your investors seeking THE MOST STREAMLINED process to leveraging their existing or building their Real Estate portfolio.

Highlights of this Deal:
Closed in 5 DAYS!
30 YEAR FIXED AT PAR!
NO DSCR!
NO RESERVES REQUIRED!
PLEASE CALL PASH AT 818-930-5563 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

VACANT NON-OWNER with Deferred Maintenance in TX closed in 15 days!

Loan Amount: $800,000

Broker Commission: $ 24,550.00

Athas Account Executive: Pasha Paran

Account Executive Phone Number: 818-930-5563

Account Executive Email: pasha@athascapital.com

FICO: 758

Credit Grade: A+

Term Requested: 36 MONTHS

Interest Rate: 7.99%

Prepay Protection: 1 YEAR PRE-PAY

Occupancy: NON-OWNER

City and State Collateral was Located in: Humble, TX

Type of Collateral: SFR

Special Circumstances: Borrower had a loan maturing and needed to complete a RATE and TERM refi but the collateral had a Health and Safety Concern with an empty elevator shaft! ATHAS worked with the borrower on possible solutions and with some thought the borrower ended up sealing the elevator shaft and converting it into storage space eliminating the issue all together!! Instead of running from the deal ATHAS worked with the borrower on a solution! A solution that required NO INCOME STATED or VERIFED with NO Reserves or DSCR required!!

Highlights of this Deal:
Deferred Maintenance (HEALTH and SAFTEY CONCERN)
NO RESERVES REQUIRED!
NO DSCR!

PLEASE CALL PASH AT 818-930-5563 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

NON-OWNER PURCHASE CLOSED in 4 DAYS!!!

Loan Amount: $453,750

Broker Commission: $ 9,575.00

Athas Account Executive: Pasha Paran

Account Executive Phone Number: 818-930-5563

Account Executive Email: pasha@athascapital.com

FICO: 758

Credit Grade: A+

Term Requested: 6 MONTHS

Interest Rate: 7.99%

Prepay Protection: NO YEAR PRE-PAY

Occupancy: NON-OWNER

City and State Collateral was Located in: Inglewood, CA

Type of Collateral: SFR

Special Circumstances: Borrower had COE approaching in 6 days and needed a NO DOC LOAN before losing his EMD. ATHAS was able to offer a NO DOC loan at 75% LTV with NO SOURCING or SEASONING REQUIRED!!! We closed in 4 business days!!! When you need to close quickly and want no questions asked regarding down payment theres only one lender and one person who can make it happen. PASHA at ATHAS!!!

Highlights of this Deal:

NO INCOME STATED or VERIFIED!
NO RESERVES REQUIRED!
NO DSCR!
NO SOURCING OR SEASONING REQUIRED at 75% LTV!!!
CLOSED IN 4 DAYS!!!

PLEASE CALL PASH AT 818-930-5563 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

VACANT COMMERCIAL RATE-TERM REFI in while in BK

Loan Amount: $2,420,000

Broker Commission: $ 36,200.00

Athas Account Executive: Pasha Paran

Account Executive Phone Number: 818-930-5563

Account Executive Email: pasha@athascapital.com

FICO: 511

Credit Grade: D

Term Requested: 24 MONTHS

Interest Rate: 9.99%

Prepay Protection: NO PRE-PAY

Occupancy: NON-OWNER

City and State Collateral was Located in: Pasadena, CA

Type of Collateral: COMMERCIAL OFFICE SPACE

Special Circumstances: Borrower was in BK and in dispute with the beneficiary over the correct pay-off amount for several months. ATHAS showed a GREAT DEAL of Patience and understanding and catered to the borrower and offered 55% LTV on a VACANT COMMERCIAL BUILDING to a borrower in BK! The borrower now has a second chance to turn his business around with a clean slate with this NEW COMMERCIAL OFFICE SPACE.

PLEASE CALL PASH AT 818-930-5563 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Self Employed Owner Occupied Borrower in CA using Personal and Business Tax Returns, Funded and Closed in 22 days!

Loan Amount: $ 2,700,000

Broker Commission: $ 40,500.00

Athas Account Executive: Rick BURKHARDT

Account Executive Phone Number: 818-930-5596

Account Executive Email: RickB@athascapital.com

FICO: 614

Credit Grade: B

Term Requested: 30 year Fixed O/O

Interest Rate: 6.25

Prepay Protection: 2 Years

Occupancy: Owner Occupancy

City and State Collateral was Located in: Saratoga California

Type of Collateral: SFR

Special Circumstances: Borrower is President and CEO of Management Consulting and Information Technology Firm with offices in the US, India and UAE. Tax Returns were extensive and included income from various Foreign Banks and Countries. Borrower was turned down from several Institutional Lenders before coming to Athas Capital. Borrower incurred Seller Carryback from Purchase less than 2 years prior and was due.

Highlights of this Day: Loan amount originally $2,400,000 was approved with Conditional Loan Approval on 8-3-2017. Borrower wish to increase loan to $2,700,000 at 68.9% LTV. Loan was funded in 22 days on 8-24 at $2,700,000
Athas was able to Approve, Underwrite and Fund Loan within 22 days to meet the ballooning Seller Carry Back from Purchase.
This is merely 1 of many scenarios that ATHAS CAPITAL has responded to not only Business Products, but Owner Occupied Self Employed Borrower in California.

Hurricanes couldn’t stop Athas from funding this no doc refi in time

Loan Amount: $283,000

Broker Commission: $4500

Athas Account Executive: Shaedon Boudreaux

Account Executive Phone Number: 818-930-5561

Account Executive Email: shaedon@athascapital.com

FICO: 780

Credit Grade: A+

Term Requested: 3/27 ARM

Interest Rate: 6.875

Prepay Protection: Yes, 3 years

Occupancy: NOO

City and State Collateral was Located in: Miami, FL

Type of Collateral: 4 unit

Special Circumstances: Affluent investors needed a long term no doc loan that could draw cash out of their multi-family to invest in new properties. During the course of this transaction Florida experienced one of the worst Hurricanes in recent history, but Athas persevered and kept the deal on a tight timeline. Athas fronted the cost for the rush disaster report, rush review of the borrower’s LLC, and a rush order on their docs to ensure the broker closed his deal and the borrowers received their funds they needed to execute their new business ventures in time.

Borrower needed no questions asked about their down payment, Athas funded their deal in 7 days.

Loan Amount: $ 399,750

Broker Commission: $ 3,500

Athas Account Executive: Shaedon Boudreaux

Account Executive Phone Number: 818-930-5561

Account Executive Email: shaedon@athascapital.com

FICO: 750

Credit Grade: A+

Term Requested: 12 month

Interest Rate: 8.99%

Prepay Protection: None

Occupancy: NOO

City and State Collateral was Located in: Houston, TX

Type of Collateral: SFR

Special Circumstances: Borrower was purchasing a property for investment purposes direct from owner and needed to avoid providing income and down payment sourcing/seasoning to get this deal done. In the middle of this process Houston was struck by a terrible storm that had flooded its streets, but this didn’t stop Athas from performing on a time sensitive transaction. Athas took control of the situation communicating with all parties involved to make sure the deal closed on time.

Owner occ Alt Doc – 24 months bank statements program helping borrower to get in to a stable 30yr fix.

Loan Amount: $ 459,000

Broker Commission: $9,100

Athas Account Executive: Steve Nicholl

Account Executive Phone Number: 619-408-2908

Account Executive Email: snicholl@athascapital.com

FICO: 781

Credit Grade: A

Term Requested: 30yr

Interest Rate: 5.99

Prepay Protection: 2yr

Occupancy: Owner occ

City and State Collateral was Located in: Van Nuys, CA 91401

Type of Collateral: SFR

Special Circumstances: Borrower was self – employed and was the owner of a PAINTER/DECORATOR company, who required an Alternate income qualifying lender. Borrower had been turned down by multiple Lenders before coming to Athas Capital. This transaction was structured as a 30yr fix Consumer Purpose Loan. Athas was able tailor a solution to help the borrower qualify w/ 24 months personal bankstatements– Athas was proud to be able to partner with this borrower to help them achieve their personal goals.

Non-Owner occ purchase qualifying the borrower on a No doc Business purpose loan.

Loan Amount: $290.500

Broker Commission: $6,173.12

Athas Account Executive: Steve Nicholl

Account Executive Phone Number: 619-408-2908

Account Executive Email: snicholl@athascapital.com

FICO: 749

Credit Grade: A

Term Requested: 12mnth

Interest Rate: 9.5

Prepay Protection: 0

Occupancy: Non-owner occ

City and State Collateral was Located in: San Jose, CA 91401

Type of Collateral: SFR

Special Circumstances: Borrower was purchasing a Nonowner occ. property to rent out for a profit & required an Alternate income qualifying lender. Borrower had been turned down by multiple Lenders before coming to Athas Capital. This transaction was structured as a 1 yr fix Business Purpose Loan. Athas was able tailor a solution to help the borrower qualify w/ No doc program. Athas was proud to be able to partner with this borrower to help them achieve their personal goals.

Athas Capital saved this transaction after two previous lenders failed to get it done!!

Loan Amount: $412,500

Broker Commission: $11,137.50

Athas Account Executive: BARRY BOSTON

Account Executive Phone Number: 818-930-5580

Account Executive Email: BBoston@AthasCapital.com

FICO: 652 Foreign National w US Credit

Credit Grade: “A”

Term Requested: Six Month Bridge

Interest Rate: 8.99

Prepay Protection: -0- No Prepay

Occupancy: Non-Owner Occupied Investment Property

City and State Collateral was Located in: Richmond, CA

Type of Collateral: SFR

LTV: 75

Special Circumstances: Foreign National w US Credit. No Income Doc. Loan had fallen out with two previous lenders. Investor needed fast close. Seller was anxious and wanted to cancel. We communicated every step of the process and made them feel at ease confidently letting them know this sale was going close quickly and smoothly.

Highlights of this Deal: Closed in 11 Business Days. LTV exception to 75 for Foreign National.

PLEASE CALL BARRY BOSTON AT 818-930-5580 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Crushed the Competition with our Jumbo Super Jumbo No-Income Doc Loan for Foreign Nationals

Loan Amount: $2,730,000.00

Broker Commission: $19,000.00

Athas Account Executive: BARRY BOSTON

Account Executive Phone Number: 818-930-5580

Account Executive Email: BBoston@AthasCapital.com

FICO: Canadian Foreign National NO US Credit

Credit Grade: “B”

Term Requested: Two Years

Interest Rate: 8.50

Prepay Protection: -0- No Prepay

Occupancy: Non-Owner Occupied Investment Property

City and State Collateral was Located in: Phoenix, AZ

Type of Collateral: SFR

Special Circumstances: Foreign National w No US Credit. No Income Doc. Subject held in a single owner LLC. Investor had a Hard Money loan at a higher rate which was ballooning. Investor wanted longer term loan with no prepay. Needed fast Close.

Highlights of this Deal: Closed in 17 Days. We crushed the competition on rate, term, LTV and loan amount.

PLEASE CALL BARRY BOSTON AT 818-930-5580 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

9th Inning Save! With our Jumbo Super Jumbo No-Income Doc Loan for Investors!

Loan Amount: $1,820,000.00

Broker Commission: $22,750.00

Athas Account Executive: BARRY BOSTON

Account Executive Phone Number: 818-930-5580

Account Executive Email: BBoston@AthasCapital.com

FICO: 546

Credit Grade: “D”

Term Requested: Two Years

Interest Rate: 9.99

Prepay Protection: -0- No Prepay

Occupancy: Non-Owner Occupied Investment Property

City and State Collateral was Located in: Salt Lake City, UT

Type of Collateral: SFR

Special Circumstances: Investor had purchased the property the previous year through an un-recorded Warranty Deed. Previous owner stopped making payments thereafter and a blanket lien was placed on all of the properties including our subject. Our loan turned into a Foreclosure Avoidance loan that was 219 Days past due. No Income Doc. Subject held in a single owner LLC. Investor wanted longer term loan with no prepay. Needed fast Close.

Highlights of this Deal: Closed in 15 Business Days. This was a 9th Inning Save as our client was days away from losing his property and the several hundred thousand dollars he had invested alongt with over a million dollars of equity.

PLEASE CALL BARRY BOSTON AT 818-930-5580 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Seoul Signing! Athas Capital scored for this Broker when the other private lender dropped the ball!

Loan Amount: $855,000.00

Broker Commission: $25,650.00

Athas Account Executive: BARRY BOSTON

Account Executive Phone Number: 818-930-5580

Account Executive Email: BBoston@AthasCapital.com

FICO: 651

Credit Grade: “A”

Term Requested: Six Months

Interest Rate: 8.99

Prepay Protection: -0- No Prepay

Occupancy: Non-Owner Occupied Investment Property

City and State Collateral was Located in: Los Angeles, CA

Type of Collateral: Four Units

Special Circumstances: Investor needed fast close due other private lender inability to close. Investor also had plans to leave the country on mandatory business. Seller anxious and ready to pull the plug.

Highlights of this Deal: Loan Funded Six Business Days from the date the BPO was ordered. Investor signed loan docs in Seoul, South Korea. We crushed the competition and funded this deal when the other lender dropped the ball and could not get it done.

PLEASE CALL BARRY BOSTON AT 818-930-5580 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Escrow Extended? Another Save by Athas Capital Group!

Loan Amount: $229,425

Broker Commission: $5,735.00

Athas Account Executive: BARRY BOSTON

Account Executive Phone Number: 818-930-5580

Account Executive Email: BBoston@AthasCapital.com

FICO: 802

Credit Grade: “A+”

Term Requested: Fully Amortized 3/1 ARM No Balloon

Interest Rate: 7.49

Prepay Protection: -0- No Prepay

Occupancy: Non-Owner Occupied Investment Property

City and State Collateral was Located in: Flagstaff, AZ

Type of Collateral: SFR

LTV: 75

Special Circumstances: Escrow had fallen out FIVE previous times and seller had cancelled the transaction completely. I wrote up the loan request using the cancelled contract confident I could get this deal done fast! Investor wanted longer term fully amortized loan. Borrower self-employed required no income doc and needed fast Close.

Highlights of this Deal: Resuscitated this dead transaction bringing it back to life in the face of much doubt. Seller/Builder stunned and elated along with everyone else involved in the transaction. Our borrowers and broker were ecstatic! Closed in 14 Business Days with lower rate and longer term loan!

PLEASE CALL BARRY BOSTON AT 818-930-5580 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Funded in 8 days and Saved the Broker’s Relationship with a Key Realtor

Loan Amount: $ 159,600.00

Broker Commission: $ 3200

Athas Account Executive: Bob Ray

Account Executive Phone Number: 818-930-5567

Account Executive Email: Bob@AthasCapital.com

FICO: 730

Credit Grade: A

Term Requested: 3 Years (3/30)

Interest Rate: 7.75%

Prepay Protection: 3 year Prepay

Occupancy: NOO/Investment

City and State Collateral was Located in: Ivins, Utah

Type of Collateral: SFR

Special Circumstances: The borrower was a Foreign National living in Panama, looking to purchase an investment property in Utah. Another lender had dropped the ball at the last second leaving the Realtor and Broker with a deal that was about to cancel. The Realtor had previously worked with Bob Ray at Athas Capital and suggested that the Broker contact Bob. A complete package was submitted the same day and an approval issued within 24 hours. Because of the quick approval and short list of conditions the Realtor was able to get an extension on the sales contract. The Athas Capital operations team worked with the Broker to gather all conditions, issue documents and fund this loan within eight (8) business days. The Broker told Athas that our fast action and quick closing not only saved this deal, but more importantly, it saved their relationship with one of the top producing realtors.

Alt A Product – LOW RATES GUARATEED! With REBATE!

Loan Amount: $ 200,000

Broker Commission: $ 6,000

Athas Account Executive: Erika Avildsen

Account Executive Phone Number: 818-930-5578

Account Executive Email: Erika@athascapital.com

FICO: 763

Credit Grade: A+

Term Requested: 30 year fixed

Interest Rate: 6.99%

Prepay Protection: 3 years

Occupancy: N/O/O

City and State Collateral was Located in: Bronx, NY

Type of Collateral: 4 Unit Residential

Special Circumstances: Borrower cashed out her free and clear property to purchase another investment property. Broker was able to make 2 points on the front and 1 point on the back.

Financial solutions for credit challenged borrowers!

Loan Amount: $ 100,000

Broker Commission: $ 2,000

Athas Account Executive: Erika Avildsen

Account Executive Phone Number: 818-930-5578

Account Executive Email: Erika@athascapital.com

FICO: 554

Credit Grade: B-

Term Requested: 7/23

Interest Rate: 7.875%

Prepay Protection: No

Occupancy: O/O

City and State Collateral was Located in: Bakersfield, CA

Type of Collateral: SFR

Special Circumstances: Borrower ran into some financial trouble due to a death in the family, went into foreclosure, and were forced to take a 12 month hard money loan at an 11% interest rate. We were able to refinance this borrower with a consumer loan at a much lower rate/term and give them some cash out.

A $3,412,500 foreclosure bail out funded in 15 days on a Non- Owner Occupied, NO income verification Hard Money loan

Loan Amount: $ 3,412,500

Broker Commission: $ 68,250

Athas Account Executive: JACQUELINE IENNI

Account Executive Phone Number: 949-393-1892

Account Executive Email: jacqueline@athascapital.com

FICO: 589

Credit Grade: D

Term Requested: 24Mos. I/O

Interest Rate: 9.99

Prepay Protection: No Prepay Penalty, NO MI & NO Reserves Required

Occupancy: Non-Owner

City and State Collateral was Located in: Los Angeles, CA

Type of Collateral: SFR

Special Circumstances: Self-employed borrower currently down on his mortgage in NOD status. Broker had been in search for a lender for over 2 months. He could not obtain any financing for his client until he came to us/Athas Capital. This transaction was structure as a 24Mo. Interest Only Non-Prime Hard Money Bridge loan. The goal here was very crucial. The client was just about to lose his home within days. With our deep product offering to meet the specific needs of the borrower we were able to SAVE the borrowers home but also provided him with some relief of $539,565 Cash in hand.

Highlights of this Day: Saved the borrowers home and provided several months of reserves $539,565 Cash in hand!!

Tough loan to close due to unexpected foreclosure on another property owned by borrower

Loan Amount: $ 460,000

Broker Commission: $ 12,650

Athas Account Executive: Jeff Krecioch

Account Executive Phone Number: 818-930-5556

Account Executive Email: Jeff@athascapital.com

FICO: 580

Credit Grade: “C” due to borrower being down 120 days on another property.

Term Requested: 30 year fixed

Interest Rate: 8.375

Prepay Protection: No Prepay

Occupancy: Owner occupied

City and State Collateral was Located in: San Francisco, Ca

Type of Collateral: SFR

Special Circumstances: This was a 24 month bank statement loan that had been turned down by two other mortgage companies. During the loan process it was discovered that borrower had a foreclosure filed on another property he owned. Credit grade dropped from B- to C. Most lenders would have called this a “D” credit grade, but not Athas Capital. We were able to close this loan at a rate the borrower was comfortable with.

Highlights of this Deal: Calling the credit grade “C” when borrower was in foreclosure on another property, i.e. had a 120 day late. “D” credit grade pricing would have been 9.99% but borrower closed loan with us at 8.375% for a 30 year fixed rate. Borrower got cash out of over $100,000 on this loan. Jeff Krecioch, National Senior Account Executive with Athas Capital has another satisfied broker as well as borrower after this transaction closed.

Previous lenders dropped the ball, Athas made it happen! NOO Refi-Cash out funded in 10 days!!! $1,450,000.00!!

Loan Amount: $ $1,450,000.00

Broker Commission: $34,437.50

Athas Account Executive: Julie Ovieda

Account Executive Phone Number: 818-930-5557

Account Executive Email: Julie@AthasCapital.com

FICO: 641

Credit Grade: A

Term Requested: 36 months

Interest Rate: 7.99%

Prepay Protection: 1 Year

Occupancy: N/O/O

City and State Collateral was Located in: Los Angeles, CA

Type of Collateral: Single Family Residence

Special Circumstances: Borrower was self-employed and had multiple tax and student loan liens on the home. The Broker was promised many times by multiple lenders but in the end they all failed to deliver. The Broker and I connected and he had a sense of urgency for us to deliver on our promises. He needed the loan fast and with honest communication. Athas delivered in 10 days from submission to recording. Athas Capital paid the liens and borrower was able to realize approximately $480,000.00 in cash which he used to expanding his real estate portfolio.

Highlights of this Day: When recorded and my client received his cash

Funded in 8 days an Non Owner Cash out Loan of $1,382,500.00

Loan Amount: $ 1,382,500.00

Broker Commission: $ 13,825.00

Athas Account Executive: Michael Kama

Account Executive Phone Number: 818-930-5558

Account Executive Email: mkama@athascapital.com

FICO: 745

Credit Grade: A+

Term Requested: 12 month I/O

Interest Rate: 8.5%

Prepay Protection: No Prepay Penalties, No MI & No Reserves Required

Occupancy: Non Owner

City and State Collateral was Located in: Thousand Oaks, CA

Type of Collateral: SFR

Special Circumstances: No Income Stated No Income verified

Highlights of this Day: Borrower needed cash out as soon as possible. Borrower lives out of state and Athas was able to fund this loan in 8 days! Borrower owns multiple properties and this property was free and clear. Athas provided a cash out loan of $1,382,500.00 in less than 10 days.

Funded in 15 days a Non Owner loan with no income verification

Loan Amount: $ $535,000

Broker Commission: $ $11,895

Athas Account Executive: Michael Kama

Account Executive Phone Number: 818-930-5538

Account Executive Email: mkama@athascapital.com

FICO: 720

Credit Grade: “A+”

Term Requested: 12 Months I/O

Interest Rate: 8.5%

Prepay Protection: No Prepay Penalties, No MI & No Reserves Required

Occupancy: O/O

City and State Collateral was Located in: San Francisco, CA

Type of Collateral: SFR

Highlights of this Day: Borrower has multiple properties, provided no income and Athas Capital did a loan for 70% LTV in 15 days.

Where there is a will there is a way!

Loan Amount: $ 1,312,500.00

Broker Commission: $ 26,200.00

Athas Account Executive: Mike Majidian

Account Executive Phone Number: 818-930-5569

Account Executive Email: Mike@AthasCapital.com

FICO: 602

Credit Grade: D

Term Requested: 12 months

Interest Rate: 9.99%

Prepay Protection: No Prepay or minimum interest

Occupancy: N/O/O

City and State Collateral was Located in: Yorba Linda, CA

Type of Collateral: SFR

Special Circumstances: Borrower didn’t make her last two payments on her loan and the loan was in default. The borrower needed a LTV exception to our guidelines which is rare at a “D” credit grade. But the collateral was in a stable neighborhood and had potential extra value due to a street to street lot that could be potentially split. Another factor that allowed us to go to 75% LTV on a “D” credit borrower was this transaction was a cash in(from borrower) rate and term refinance.

Funded NOO property for investor with No Income Documentation at PAR!

Loan Amount: $400,000

Broker Commission: $ 11,000

Athas Account Executive: Marc Noddle

Account Executive Phone Number: 818-930-5579

Account Executive Email: Mnoddle@athascapital.com

FICO: 750

Credit Grade: “A+“

Term Requested: 30 years PITI – 3/1 ARM

Interest Rate: 8.49%

Prepay Protection: 1 year

Occupancy: Non-Owner Occupied

City and State Collateral was Located in: Melville, NY

Type of Collateral: Condo

Special Circumstances: The broker came to Athas looking for an easy, no-nonsense loan for an investor looking to acquire an investment property in Long Island. They had been shopping for private money, but was consistently met with onerous conditions and fees. Athas Capital closed this deal with the investor only needing 25% down without the burden of your typical private money costs. Athas closed this at PAR with the trifecta for a happy borrower – No Income Documentation, No DSCR, and No Reserves. The broker and borrower came out thrilled with the results, and will be back again to close their next non-QM file!

Funded Owner Occupied loan for borrower with low FICOs and gap in employment

Loan Amount: $310,000

Broker Commission: $ 3,100

Athas Account Executive: Marc Noddle

Account Executive Phone Number: 818-930-5579

Account Executive Email: Mnoddle@athascapital.com

FICO: 560

Credit Grade: “B-“

Term Requested: 30 years PITI – 7/1 ARM

Interest Rate: 7.875%

Prepay Protection: None

Occupancy: Owner Occupied

City and State Collateral was Located in: El Sobrante, CA

Type of Collateral: SFR

Special Circumstances: This deal was layered with a great deal of moving parts. The borrower recently returned to full-time employment after a 6 month gap due to a medical situation. A secondary portion of her income came from Social Security benefits for multiple children. On top of that, the borrower was seeking cash-out to pay off out-of-state family members coming off title and she wished to pay off a lot of maxed-out credit cards. Athas Capital closed the loan, consolidated her revolving debt, paid off the family members and still got the borrower additional cash-out.

NEW CONSTRUCTION TAKE OUT FROM A HARDMONEY LENDER

Loan Amount: $ 318,500

Broker Commission: $ 6,370

Athas Account Executive: Nicole Cayton

Account Executive Phone Number: 818-634-6509

Account Executive Email: ncayton@athascapital.com

FICO: 680

Credit Grade: A

Term Requested: 3-year interest only

Interest Rate: 8.75%

Prepay Protection: 1 year (level 1)

Occupancy: NON- owner occupied

City and State Collateral was Located in: Gold Canyon, AZ

Type of Collateral: New built construction, single family residence.

Special Circumstances: Borrower acquired land and build new home and needed to take out current Hard money lender for a longer term. Needed a Stated loan product and Athas delivered.

Highlights of this Deal: Deal came from a Hard Money lender to free up their capital and need a Hardmoney lender that can offer lower rates with longer term.

PLEASE CALL Nicole Cayton AT 818-634-6509 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

FORECLOSURE BAILOUT FROM A REVERSE MORTGAGE

Loan Amount: $ 570,000

Broker Commission: $ 14,250

Athas Account Executive: Nicole Cayton

Account Executive Phone Number: 818-634-6509

Account Executive Email: ncayton@athascapital.com

FICO: 670

Credit Grade: D

Term Requested: 6 month Bridge

Interest Rate: 9.50%

Prepay Protection: no prepay

Occupancy: NON owner occupied

City and State Collateral was Located in: Sunnyvale, CA

Type of Collateral: Single family residence

Special Circumstances: FORECLOSURE BAIL OUT. Daughter inherited property from deceased mother but was in a reverse mortgage. All banks turned her down due to circumstances even though borrower had good credit.

Highlights of this Deal: Borrower will now have a full insured title on her name and will be able to refinance in a conventional loan as it’s no longer considered foreclosure. Athas is a bridge lender to allow a borrower traverse into a longer bankable financing.

PLEASE CALL Nicole Cayton AT 818-634-6509 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

FIRST TIME REAL ESTATE INVESTOR

Loan Amount: $ 315,750

Broker Commission: $ 15,787

Athas Account Executive: Nicole Cayton

Account Executive Phone Number: 818-634-6509

Account Executive Email: ncayton@athascapital.com

FICO: 740

Credit Grade: A+

Term Requested: 2 year loan interest only

Interest Rate: 9.99%

Prepay Protection: no prepayment penalty

Occupancy: NON owner occupied

City and State Collateral was Located in: Magnolia, TX

Type of Collateral: Single family residence.

Special Circumstances: First time real estate investor buying a property in LLC. Other lenders require
Borrower(s) to have real estate investment experience, Athas does not. Out of state buyer also that needs a complete stated product

Highlights of this Deal: Borrower is experienced real estate investor and developer overseas and bought his first investment property in the US. Due to Athas quick funding and simple conditions for underwriting borrower is recommending other investors to purchase properties to us. This closing is opening up 3 deals immediately and more to come including a new build subdivision.

PLEASE CALL Nicole B. Cayton AT 818-634-6509 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Owner Occupied Purchase located in Houston, Texas…Then the 500 year flood happened! Athas re-inspected the property on a rush and still closed on time

Loan Amount: $405,000

Broker Commission: $ 1,295

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 679

Credit Grade: B- Grade

Term Requested: 7/23

Interest Rate: 8.5 @ par

Prepay Protection: None

Occupancy: Owner Occupied

City and State Collateral was Located in: Houston, Texas

Type of Collateral: SFR

Special Circumstances: Rush Purchase in Houston, Texas. Borrower sold his primary without contingencies. Then the flood happened. Borrower had to go to a hotel. Athas ordered a rush re-inspection to make sure our subject property was not under water.

Highlights of this Day: In the end it all worked out even in a natural disaster.

Loan Amount: $375,000

Broker Commission: $6500

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 694 & 686 average = 690

Credit Grade: A

Term Requested: 5 year Interest only

Interest Rate: 8.99

Prepay Protection: 3 year

Occupancy: Owner-user

City and State Collateral was Located in: West Covina, CA

Type of Collateral: Commercial Office Building

Highlights of this Day: Appraisal came back and showed property as Legal Non-Conforming. This would generate a condition for a 100% rebuild letter. Due to LTV and return customer Management waived this condition and we went to docs.

Loan Amount: $485,000

Broker Commission: $6,000

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 684

Credit Grade: A

Term Requested: 30/30 @ par

Interest Rate: 5.99

Prepay Protection: 2 years

Occupancy: Owner Occupied

City and State Collateral was Located in: Rancho Santa Margarita, CA

Type of Collateral: SFR

Special Circumstances: Self Employed borrower for 4 years. 6 open trade lines.

Highlights of this Day: This borrower did a debt consolidation paying off all of their debt and lowering their overall monthly out go.

Loan Amount: $472,500

Broker Commission: $5,906.25

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 631

Credit Grade: B

Term Requested: 1 year interest only

Interest Rate: 10.5

Prepay Protection: None

Occupancy: Non-Owner Occupied

City and State Collateral was Located in: West Hills, CA

Type of Collateral: SFR

Special Circumstances: Self Employed borrower for 4.5 years. 4 open trade lines.

Highlights of this Day: This property has multiple offers. Borrower had to have a fast closing. Athas was able to fund this loan from start to finish in 14 business days

No Cloudy Days in the Pacific Northwest!

Loan Amount: $ 203,000

Broker Commission: $ 6,090

Athas Account Executive: Alvin R. Greene

Account Executive Phone Number: 818-930-5554

Account Executive Email: Alvin@AthasCapital.com

FICO: 568

Credit Grade: “B”

Term Requested: 24-Month Bridge Loan

Interest Rate: 8.990

Prepay Protection: No PPP

Occupancy: N/O/O

City and State Collateral was Located in: Tacoma, WA.

Type of Collateral: SFR

Special Circumstances: Purchase of an investment property with 100% gift funds, no income verified with a sub-600 mid-FICO!

$3,200,000 funded in 15 Days an O/O No income verified business purpose loan

Loan Amount: $3,200,000.00

Broker Commission: $64,000.00

Athas Account Executive: Alvin R. Greene

Account Executive phone number: 818-930-5554

Account Executive’s email: Alvin@AthasCapital.com

FICO: 692

Credit Grade: A

Term Requested: 12 Month I / O

Interest Rate: 7.75%

Prepay Protection: No Prepay Penalties, No MI & No Reserves Required

Occupancy: O/O

City and State collateral was located in: San Marino, CA

Type of Collateral: Primary-SFR

Special Circumstances: Borrower was self-employed and was the President & CEO of a Real Estate Investment and Property Management Firm, who required an immediate injection of working capital for his company. Borrower had been turned down by multiple Lenders before coming to Athas Capital. This transaction was structured as a 12 Month I / O Business Purpose Loan and was mission critical for the borrower. Athas was able to leverage its deep product offerings to tailor a solution designed to meet the specific needs of the borrower in the form of a Capital Injection – Business Purpose Loan and was able to get this deal funded for the borrower within 15 days. Athas was proud to be able to partner with this borrower to help them achieve their strategic business goals.

Owner occupied with no proof of income!

Loan Amount: $ 626,500

Broker Commission: $ 5,012.00

Athas Account Executive: Alvin R. Greene

Account Executive Phone Number: 818-930-5554

Account Executive Email: Alvin@AthasCapital.com

FICO: 659

Credit Grade: A

Term Requested: 60 months

Interest Rate: 9.990

Prepay Protection: 3 years

Occupancy: Owner Occupied

City and State Collateral was Located in: Tujunga, CA.

Type of Collateral: SFR

Special Circumstances: Self-employed. No proof of income. Needed capital to expand business

Highlights of this Deal:HM, NIV, C/O, O/O, Business Purpose.

Limited Credit and no proof of income!

Loan Amount: $ 193,227

Broker Commission: $ 4348

Athas Account Executive:Jacqueline Ienni

Account Executive Phone Number:949-393-1892

Account Executive Email: jacqueline@athascapital.com

FICO:679

Credit Grade:A

Term Requested: 12mo. Interest Only

Interest Rate: 8.99%

Prepay Protection: NO

Occupancy: N/O- Investment property

City and State Collateral was Located in: Georgetown, Texas

Type of Collateral: SFR

Special Circumstances: Unable to provide proof of income, lack of tradelines and Reserves.

When banks Turn you down Athas is here for you!

Loan Amount: $ 395,500

Broker Commission: $ 5455

Athas Account Executive: Jacqueline Ienni

Account Executive Phone Number: 949-393-1892

Account Executive Email: jacqueline@athascapital.com

FICO: 679

Credit Grade: A

Term Requested: 12 mo. Interest Only

Interest Rate: 9.50%

Prepay Protection: NO

Occupancy: N/O- Investment property

City and State Collateral was Located in: Tustin, CA

Type of Collateral: Condo

Special Circumstances: Client was trying to purchase investment property through conventional financing. Client was unable to obtain financing due to lack of credit and insufficient amount of reserves. Broker came to us w/past COE date. Approval issued w/in 4 hours… Funded within 2 weeks. Happy client!!

Bridge loan for some quick cash out with no proof of income!

Loan Amount: $ 108,000

Broker Commission: $ 2000.00

Athas Account Executive: Jacqueline Ienni

Account Executive Phone Number: 949-393-1892

Account Executive Email: jacqueline@athascapital.com
FICO: 667

Credit Grade: A

Term Requested: 12mo. Interest Only

Interest Rate: 8.99%

Prepay Protection: NO

Occupancy: N/O- Investment property

City and State Collateral was Located in: Almond, Texas

Type of Collateral: SFR

Special Circumstances: Refi-cash out. Client needed to cash out to purchase another investment property. Client was unable to provide proof of income. We funded in less than 30 days giving him $108,000 cash he needed. Happy client!!

Loan Amount: $209,075

Broker Commission: $4,000

Athas Account Executive: Jeff Krecioch

Account Executive phone number: 818-930-5556

Account Executive’s email: Jeff@athascapital.com

FICO: None

Credit Grade: B

Term Requested: 12 months

Interest Rate: 9.50%

Prepay Protection: No Pre-Pay

Occupancy: Non-Owner

City and State collateral was located in: Union City, Ca

Type of Collateral: SFR

Special Circumstances:Borrower wanted a loan where they did not have to prove income in any way. This was a friend of the broker so broker did this loan for the borrower at the minimum amount required to fund a loan with Athas Capital Group

Highlights of this Deal:This was a free and clear property that borrower had used their own cash to purchase last year. Borrower was able to get the cash out they needed so they could make further real estate investments.

Bank statements to prove ATR

Loan Amount: $997,000

Broker Commission: $19,940.00

Athas Account Executive: Mike Majidian

Account Executive phone number: 818-930-5569

Account Executive’s email: Mike@athascapital.com

FICO: 727

Credit Grade: A

Term Requested: 7 / 1 ARM

Interest Rate: 7.125%

Prepay Protection: No Prepay Penalties, No MI & No Reserves Required

Occupancy: O/O

City and State collateral was located in: San Diego, CA

Type of Collateral: 2 Unit Property

Special Circumstances: Borrower was self-employed and purchasing an owner occupied 2 Unit Property in a highly desirable area of San Diego, CA and within a very competitive purchase market. This transaction was structured as a 24 Month Personal Bank Statement deal and Athas was able to utilize multiple client Bank Statements to get this deal executed for the borrower. Athas was proud to be able help this borrower achieve their dream of owning this beautiful property and calling it home.

Poor Mtg history…..NO PROBLEM!

Loan Amount: $211,000

Broker Commission: $ 6, 435

Athas Account Executive: Nicole Cayton

Account Executive phone number: 818-634-6509

Account Executive’s email: ncayton@athascapital.com

FICO: 702

Credit Grade: A

Term Requested: 7-year term

Interest Rate: 5.625 %

Prepay Protection: NONE

Occupancy: Owner occupied

City and State collateral was located in: Los Angeles

Type of Collateral: SFR

Special Circumstances: 2 -unit property with previous adverse mortgage rating and mortgage delinquencies in the past of borrower.

Highlights of this Day: Borrower could only attain Hardmoney loan in the past due to previous overall credit worthiness. Athas was able to provide a loan to take out his current Hardmoney lender and provide him rates in the single digits.

6.5% with no proof of income!

Loan Amount: $105,000

Broker Commission: $ 3,150

Athas Account Executive: Nicole Cayton

Account Executive phone number: 818-634-6509

Account Executive’s email: ncayton@athascapital.com

FICO: 680

Credit Grade: A-

Term Requested: 30 years fixed

Interest Rate: 6.5%

Prepay Protection: 3-year prepayment penalty

Occupancy: NON -Owner occupied

City and State collateral was located in: Sacramento California

Type of Collateral: SFR

Special Circumstances: Borrower has multiple properties and cannot get conventional financing and needed cash out to purchase other properties to grow real estate property.

Highlights of this Day: We were able to give the borrower a fully 30-year term with low rates. No Income Stated, No Income Verified. Max cash out.

Closed in 5 days!!!

Borrower: Lalayan

Loan Amount: $840,000

Broker Commission: $7,350

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 711

Credit Grade: A+

Term Requested: 2 year interest only

Interest Rate: 9.49 @ 1.875 cost

Prepay Protection: none

Occupancy: non-owner occupied

City and State Collateral was Located in: California

Type of Collateral: SFR

Special Circumstances: This was a purchase and borrower needed a fast closing due to all the back up offers
Highlights of this Deal: AE submitted file to Underwriting on 5/12 – approved on 5/12 and funded on 5/18 = 5 business days. Broker and borrower needed a fast closing and Athas was here to deliver!

TRID loan closed in 13 days!!!

Borrower: Chung

Loan Amount: $1,000,000

Broker Commission: $10,000

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 778

Credit Grade: A

Term Requested: 30/30

Interest Rate: 5.99 @ par

Prepay Protection: no prepay

Occupancy: owner occupied

City and State Collateral was Located in: California

Type of Collateral: SFR

Special Circumstances: rush purchase. Borrower could not go traditional financing due to gap in employment. Athas required an LOE

Highlights of this Deal: This file was a rush purchase. Athas Capital had this file into docs in 13 days. Broker and borrower needed a rush and Athas Capital delivered on a $1,000,000 deal!!

Business Bank statements at 5.99 30 year fixed!

Borrower: Frohlich

Loan Amount: $700,000

Broker Commission: $20,850

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 692696

Credit Grade: A

Term Requested: 30/30

Interest Rate: 5.99 @ par

Prepay Protection: 2 year prepay 2/1

Occupancy: owner occupied

City and State Collateral was Located in: California

Type of Collateral: SFR

Special Circumstances: borrower could not go traditional financing. Borrower could only use business bank statements as income.

Highlights of this Deal: borrower was able to obtain a 5.99 @ par 30/30 loan using alternative income

ONE paystub for ATR!!!

Borrower: Chauhan

Loan Amount: $724,000

Broker Commission: $9,050

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 797

Credit Grade: A

Term Requested: 30/30

Interest Rate: 5.99 @ par

Prepay Protection: no prepay

Occupancy: owner occupied

City and State Collateral was Located in: California

Type of Collateral: SFR

Special Circumstances: Rush purchase. Borrower could not go traditional financing due to primary borrower just started a new job.

Construction to Perm

Borrower: Morris

Loan Amount: $1,100,000

Broker Commission: $17,195

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 688

Credit Grade: A

Term Requested: 2 year interest only

Interest Rate: 9.99 @ 1.375 cost

Prepay Protection: none

Occupancy: non-owner occupied

City and State Collateral was Located in: California

Type of Collateral: SFR

Special Circumstances: borrower purchased property 9/2016 for $400,000 and did a complete rebuild. Subject property is rural and borrowers construction note was due

Highlights of this Deal: Borrower purchased property for $400k 6 months ago. Athas Capital went off the appraised value and closed the loan for a fast closing

5.99% 30 year fixed!

Borrower: Muralles

Loan Amount: $1,299,900

Broker Commission: $16,248.75

Athas Account Executive: Patty Kennedy

Account Executive Phone Number: 310-962-3513

Account Executive Email: patty@athascapital.com

FICO: 692

Credit Grade: A

Term Requested: 30/30

Interest Rate: 5.99 @ par

Prepay Protection: none

Occupancy: owner occupied

City and State Collateral was Located in: California

Type of Collateral: SFR

Highlights of this Deal: borrower paid off all of his debt and obtained a 30/30 @ 5.99 lowering his over all monthly out go by $2,000+ per month

Low Fico No Problem!!!!

Loan Amount: $160,000

Broker Commission: $4,800

Athas Account Executive: Marc Noddle

Account Executive phone number: 818-930-5579

Account Executive’s email: Mnoddle@athascapital.com

FICO: 542

Credit Grade: “C”

Term Requested: 360 months

Interest Rate: 8.375%

Prepay Protection: None

Occupancy: O/O

City and State collateral was located in: Lakeside, CA

Type of Collateral: SFR

Special Circumstances: The borrower had a rolling 30 day late payment on their mortgage for over a year, and a mountain of debt and collections. Athas provided her with the second chance she needed – she has a fresh start on a mortgage, no more delinquencies with her property taxes, no more collections, and a significant decrease in revolving debt. Her overall monthly obligation has been reduced.

If you have a Non-Prime loan request call Marc Noddle at Athas!!!

NO proof of income on commercial property.

Loan Amount: $336,300

Broker Commission: $10,089.00

Athas Account Executive: Barry Boston

Account Executive phone number: 805-432-7683

Account Executive’s email: bboston@athascapital.com

FICO: 694

Credit Grade: A

Term Requested: Three Year IO

Interest Rate: 8.50

Prepay Protection: One Year

Occupancy: Owner User

City and State collateral was located in: Oakdale, CA

Type of Collateral: Retail Commercial

Special Circumstances: Retail Multi-Unit Commercial 57 LTV Credit Grade “A” Owner User Three Year IO to payoff private lender at higher rate. No significant credit challenges, but BORR unable to document income in traditional sense.

If you have a Non-Prime loan request call Barry Boston at Athas!!!

12 X 90 on the mortgage!!!!!

Loan Amount: $162,500

Broker Commission: $3,250.00

Athas Account executive: Barry Boston

Account executive phone number: 805-432-7683

Account executive’s email:bboston@athascapital.com

FICO: 579

Credit Grade: B

Term Requested: Three Year IO

Interest Rate: 9.99

Prepay Protection: One Year

Occupancy: N/O/O

City and State collateral was located in: Scottsdale, AZ

Type of Collateral: Multi-Family

Special Circumstances:Multi-Family Six-Unit Commercial “B” 9.99 Rate 65 LTV. BORR significant credit challenges. 12×90 previous 12 months and 150 days down on another mortgage previous twelve months.

If you have a Non-Prime loan request call Barry Boston at Athas!!

Loan Amount: $344,250

Broker Commission: $9,466.87

Athas Account Executive: Barry Boston

Account Executive phone number: 805-432-7683

Account Executive’s email: bboston@athascapital.com

FICO: 741

Credit Grade: A

Term Requested: 7/23

Interest Rate: 6.99

Prepay Protection: None

Occupancy: O/O

City and State collateral was located in: Yucaipa, CA

Type of Collateral: SFR

Special Circumstances: O/O Consumer Purpose Purchase. BORR spouse had significant unpaid student loan debt in collections. Self-employed, pension and SSA income. BORR also had to pay off some consumer CC debt though COE to qualify. BORR buying down in property value and size. 6.99 Rate 75 LTV.

Highlights of this Day:Time sensitive purchase. Loan had fallen out with previous lender. Loan funded in 22 Business Days.

If you have a Non-Prime loan request call Barry Boston at Athas!!!

When the other hard money lenders drag their feet.

Loan Amount: $665,000

Broker Commission: None. $12,000.00

Athas Account Executive: Barry Boston

Account Executive phone number: 805-432-7683

Account Executive’s email: bboston@athascapital.com

FICO: 741

Credit Grade: A+

Term Requested: Two Year IO

Interest Rate: 7.99

Prepay Protection: None

Occupancy: N/O/O

City and State collateral was located in: Calabasas, CA

Type of Collateral: SFR

Special Circumstances:Retail N/O/O No-Income Investment Purchase for BORR that rents primary. 70 LTV at 7.99 Rate. Loan had fallen out with another private lender. Seller was more than anxious and ready to pull the plug. Timing was very important. BORR self-employed using partial gift from corp.

Highlights of this Day:Time sensitive purchase. Loan funded in 5 Business Days.

If you have a Non-Prime loan request call Barry Boston at Athas!!!

Yes we fund small loans too.

Loan Amount: $50,000

Broker Commission: None. $2,500.00

Athas Account Executive: Barry Boston

Account Executive phone number: 805-432-7683

Account Executive’s email: bboston@athascapital.com

FICO: 550

Credit Grade: B

Term Requested: Two Year IO

Interest Rate: 8.50

Prepay Protection: None

Occupancy: N/O/O

City and State collateral was located in: La Quinta, CA

Type of Collateral: SFR

Special Circumstances: Retail N/O/O Two Year IO Bridge Credit Grade B. This deal was a little messy due to the way subject was previously held with a former partner in an LLC that had been dissolved. In addition, BORR had previous 18 x90 mortgage late 2016 and 2015, collections and a loan mod.

Highlights of this Day: This was a true no-income doc business purpose deal for a BORR with significant unseasoned credit challenges.

If you have a Non-Prime loan request call Barry Boston at Athas!!!

Rebate on Hard money??????? Yes at Athas it exists!

Loan Amount: $100,000.00

Broker Commission: $3,000.00 in points AND a $2,000 rebate!!!!

Athas Account Executive: Bob Ray

Account Executive phone number: 818-309-5229

Account Executive’s email: Bob@AthasCapital.com

FICO: 666

Credit Grade: A-

Term Requested: 3/27

Interest Rate: 8.75

Prepay Protection: Yes. 3 Year

Occupancy: Non Owner Occupied

City and State collateral was located in: San Pedro, CA

Type of Collateral: 4 Units

Special Circumstances: Borrower needed to complete a 1031 exchange. Purchase price of the new property was $980,000.00, $100,000.00 more than the proceeds from her sale. She came to Athas for the funds to bridge that gap and close this transaction on time. We did all of this without forcing the borrower to prove income!

Highlights of this Day: Seller wanted to pull out of this transaction but the fact that Athas Capital had the approval and ability to draw the documents and close kept this deal together. Both the Borrower and Broker were very pleased with another ATHAS CAPITAL FUNDING.

If you have a Non-Prime loan request call Bob Ray at Athas!!!

From application to closing in 14 days on a TRID loan!!!

Loan Amount: $162,500

Broker Commission: $4500

Athas Account Executive: Erika Avildsen

Account Executive phone number: 818-930-5578

Account Executive’s email: erika@athascapital.com

FICO: 785

Credit Grade: A+

Term Requested: 7/23

Interest Rate: 5.875%

Prepay Protection: No Prepay or minimum interest

Occupancy: O/O

City and State collateral was located in: Beaverton, OR

Type of Collateral: SFR

Special Circumstances: Borrower needed cash out to pay off a divorce settlement or he was going to have to sell his house. The borrower was trying to get a loan with another lender who was taking too long and needed a quick close on a consumer loan. We processed and funded this loan in 14 business days.

If you have a Non-Prime loan request call Erika Avildsen at Athas!!!

ASSET DEPLETION LOAN!!!!

Loan Amount: $679,000

Broker Commission: $17,000

Athas Account Executive: Erika Avildsen

Account Executive phone number: 818-930-5578

Account Executive’s email: erika@athascapital.com

FICO: 706

Credit Grade: A+

Term Requested: 30 year fixed

Interest Rate: 5.99% @ par

Prepay Protection: No

Occupancy: O/O

City and State collateral was located in: Malibu, CA

Type of Collateral: SFR

Special Circumstances: Borrower didn’t have traditional income documentation, but had a lot of assets. We did this as an asset depletion loan. The subject property was free and clear and the borrower cashed out $679K.

Quick close and NO PROOF OF INCOME!

Loan Amount: $594,300

Broker Commission: $8,900

Athas Account Executive: Erika Avildsen

Account Executive phone number: 818-930-5578

Account Executive’s email: erika@athascapital.com

FICO: 670

Credit Grade: A

Term Requested: 6 month bridge

Interest Rate: 8.99%

Prepay Protection: No

Occupancy: N/O/O

City and State collateral was located in: Irvine, CA

Type of Collateral: SFR

Special Circumstances: Borrower is a renter who purchased a N/O/O investment property. Most lenders will not allow a borrower to purchase an investment property without owning a primary residence. We of course didn’t ask the borrower to prove his/her income.

If you have a Non-Prime loan request call Erika Avildsen at Athas!!!

NO proof of income and extremely fast close!!!

Loan Amount: $375,000

Broker Commission: $7,500.00

Athas Account Executive: Jacqueline Ienni

Account Executive phone number: 949-456-9743

Account Executive’s email: jacqueline@athascapital.com

FICO: 681

Credit Grade: A-

Term Requested: 7 Year

Interested Rate:7.125%

Prepay Protection: None

Occupancy: Owner

City and State collateral was located in: Newport Beach, California

Type of Collateral: Condo

Special Circumstances: Borrower was in desperate need to pull cash out from his primary residence to purchase an investment property. He could not qualify/prove his income conventionally… We were able to finance him through our unique Asset Depletion program which gave him the $175,000 Cash he needed….

If you have a Non-Prime loan request call Jacqueline Ienni at Athas!!!

100% NO INCOME used to qualify this loan!!!

Loan Amount: $108,850

Broker Commission: 2 points plus $500

Athas Account Executive: Jeff Krecioch

Account Executive phone number: 818-930-5556

Account Executive’s email: Jeff@athascapital.com

FICO: 658

Credit Grade: A-

Term Requested: 360 months, fixed for first 3 years

Interest Rate: 8.25%

Prepay Protection: 3 years

Occupancy: Non-Owner

City and State collateral was located in: Chester, VA

Type of Collateral: SFR

Special Circumstances: Borrowers had rehabbed this property in Chester, Va over the past 14 months. Athas Capital was able to use the current appraised value and refinance the current loan which had become due. Borrowers wanted a longer term loan as they were interested in keeping this loan in their portfolio for the foreseeable future.

Highlights of this Day: Jeff Krecioch, Senior Account Executive at Athas Capital had a program that was perfect for this borrower and explained to the submitting broker in detail how this loan worked. The broker sold this program to the borrowers and they are very happy with the 30 year loan they got for their investment property. Borrowers were very excited that this loan was not going to balloon in a couple of years and they were happy they did not have to prove their income in any way.

If you have a Non-Prime loan request call Jeff Krecioch at Athas!!!

Bank will not give you a loan…NO PROBLEM!!!

Loan Amount: $207,900

Broker Commission: $4,677.75

Athas Account Executive: Marc Noddle

Account Executive phone number: 818-930-5579

Account Executive’s email: Mnoddle@athascapital.com

FICO: 676

Credit Grade: A-

Term Requested: 360 months

Interest Rate: 7.125%

Prepay Protection: None

Occupancy: O/O

City and State collateral was located in: Hillsboro, OR

Type of Collateral: SFR

Special Circumstances: The borrower is a self-employed non-permanent resident alien who couldn’t qualify conventionally. Athas was able to secure the borrower with financing and cash-out using 24 months personal bank statements.

If you have a Non-Prime loan request call Marc Noddle at Athas!!!

No income verified whatsoever!

Loan Amount: $143,500

Broker Commission: $3,587.50

Athas Account Executive: Marc Noddle

Account Executive phone number: 818-930-5579

Account Executive’s email: Mnoddle@athascapital.com

FICO: 776

Credit Grade: A+

Term Requested: 360 months

Interest Rate: 7.99%

Prepay Protection: 36 months

Occupancy: N/O/O

City and State collateral was located in: Concord, CA

Type of Collateral: Condo

Special Circumstances: Borrower was looking for a Non Income Verification loan on his rental property, in an effort to do some minor remodeling on additional investment properties in his portfolio and increasing their overall value and rental income potential.

If you have a Non-Prime loan request call Marc Noddle at Athas!!!

100% NO INCOME VERIFICATION!!!!!

Loan Amount: $353,500

Broker Commission:

Athas Account Executive: Terry O’Shaughnessy

Account Executive phone number: 888-343-4588

Account Executive’s email: Terry@athascapital.com

FICO: 733

Credit Grade: A+

Term Requested: 360 months

Interested Rate: 6.99%

Prepay Protection: 3 years

Occupancy: N/O/O

City and State collateral was located in: University Park, TX

Type of Collateral: SFR

Special Circumstances: Buyer was buying a rental property for his real-estate portfolio and didn’t want to prove any income what so ever!

469 fico score????????? Really?????

Borrower: PK-McKee

Loan Amount: $217,500

Broker Commission: $6,432.50

Athas Account Executive: Patty Kennedy

Account Executive phone number: 310-962-3513

Account Executive’s email: patty@athascapital.com

FICO: 469

Credit Grade: D

Term Requested: 7/23

Interest Rate:9.5

Prepay Protection: No prepay and no minimum interest

Occupancy: owner occupied

City and State collateral was located in: La Puente, CA

Type of Collateral: SFR

Special Circumstances: Refi cash out.

Highlights of this Deal: Borrower had just inherited the property. He was a D credit grade due to mid score under 500 and no good credit. The property was free and clear. Athas did a loan with $200k+ cash in hand. The borrower was able to pay off all of his debt and make a fresh start.

If you have a Non-Prime loan request call Patty Kennedy at Athas!!!

FROM SUBMISSION TO FUNDING IN 10 DAYS!!!!

Borrower: PK-Awad

Loan Amount: $1,295,000

Broker Commission: $25,995

Athas Account Executive: Patty Kennedy

Account Executive phone number: 310-962-3513

Account executive’s email: patty@athascapital.com

FICO: 732

Credit Grade: A+

Term Requested: 3/27

Interest Rate: 8.34 @ par

Prepay Protection: 2 year 1

Occupancy: Non- owner occupied

City and State collateral was located in: Venice, CA

Type of Collateral: 2 Units

Special Circumstances: Rush purchase with multiple back up offers.

Highlights of this Deal: We had 10 days to close this loan or seller would take back up offer.  This was a “one touch” file.  Account Manager sent the file to UW and they cleared it for docs.  Athas Operation rocked and closed this deal on the COE date. Start to finish = 10 days

If you have a Non-Prime loan request call Patty Kennedy at Athas!!!

Challenging self-employed proof of income!

Loan Amount: $1,190,000

Broker Commission: $32,725

Athas Account Executive: Patty Kennedy

Account Executive phone number: 310-962-3513

Account Executive’s email: patty@athascapital.com

FICO: 678

Credit Grade: A-

Term Requested: 30/30

Interest Rate: 7.125 @ par

Prepay Protection: No Prepay or minimum interest

Occupancy: owner occupied

City and State collateral was located in: Sugarland, TX

Type of Collateral: SFR

Special Circumstances: Down payment was a gift from borrowers business.

Highlights of this Deal: Borrower is SE for a very large company. We used full doc with 2014 & 15 returns. Extension for 2016 and a YTD P&L. Income was challenging but the Underwriter was able to make it work in a short amount of time

If you have a Non-Prime loan request call Patty Kennedy at Athas!!!

Jumbo Non –QM loan closed in 10 days with no proof of income!

Borrower: PK-Huang

Loan Amount: $1,372,000

Broker Commission: $13,720

Athas Account Executive: Patty Kennedy

Account Executive phone number: 310-962-3513

Account Executive’s email: patty@athascapital.com

FICO: 684

Credit Grade: A

Term Requested: 6 month IO

Interest Rate: 8.5 @ 1.875 cost

Prepay Protection: No prepay and no minimum interest

Occupancy: Non- owner occupied

City and State collateral was located in: Foster City, CA

Type of Collateral: SFR

Special Circumstances: Rush purchase with multiple back up offers.

Highlights of this Deal: We had 10 days to close this loan or seller would take back up offer. Appraisal inspection done on 3/30 – report back on 3/31. Athas Operation rocked and closed this deal on the COE date. Start to finish = 10 days

If you have a Non-Prime loan request call Patty Kennedy at Athas!!!

TRID…NO PROBLEM we close those deals superfast!

Borrower: PK- Karim

Loan Amount: $210,400

Broker Commission: $4,208

Athas Account Executive: Patty Kennedy

Account Executive phone number: 310-962-3513

Account Executive’s email: patty@athascapital.com

FICO: 622

Credit Grade: B

Term Requested: 7/23

Interest Rate: 7.875 @ par

Prepay Protection: No prepay or minimum interest

Occupancy: owner occupied

City and State collateral was located in: Richmond, TX

Type of Collateral: SFR

Special Circumstances: Rush Purchase

Highlights of this Deal: Closed this TRID loan in 14 days.

If you have a Non-Prime loan request call Patty Kennedy at Athas!!!

Athas will NOT allow another Non-Prime lender beat us on pricing!!

Borrower: PK-Yip

Loan Amount: $1,277,500

Broker Commission: $13,425

Athas Account Executive: Patty Kennedy

Account Executive phone number: 310-962-3513

Account Executive’s email: patty@athascapital.com

FICO: 568

Credit Grade: B

Term Requested: 3 year IO

Interest Rate: 9.99 @ 1.875 cost

Prepay Protection: 3 year

Occupancy: Non- owner occupied

City and State collateral was located in: Irvine, CA

Type of Collateral: SFR

Special Circumstances: Refi cash out.

Highlights of this Deal: We were up against another lender on this deal. AE went directly to Management to beat the other lender. Challenging file as borrower was very particular. We were able to meet the borrowers needs and funded in 20 days.

If you have a Non-Prime loan request call Patty Kennedy at Athas!!!

Gift of Equity and No proof of income!

Loan Amount: $110,500

Broker Commission: $2210

Athas Account Executive: Shaedon Boudreaux

Account Executive phone number: 805-624-1387

Account Executive’s email: Shaedon@athascapital.com

FICO: 735

Credit Grade: A+

Term Requested: 3 years

Interest Rate: 8.99%

Prepay Protection: 1 year PP

Occupancy: NOO

City and State collateral was located in: Buckeye, AZ

Type of Collateral: SFR

Special Circumstances: This scenario came to us from a Broker familiar with Athas’ Hard Money program. The borrower wanted to purchase their Father’s property to begin their step forward into the world of real estate investing and utilize their real estate acquisitions for their networking business. Only requesting 7 Broker conditions after the conditional approval was issued. Athas closed the Non Arms Length transaction quickly and all with no proof of income!

If you have a Non-Prime loan request call Shaedon Boudreaux at Athas!!!

589 fico……..NO PROBLEM!!!!

Loan Amount: $160,000

Broker Commission: $3200

Athas Account Executive: Shaedon Boudreaux

Account Executive phone number: 805-624-1387

Account executive’s email: Shaedon@athascapital.com

FICO: 590 and 589

Credit Grade: B-

Term Requested: 7/1 ARM

Interest Rate: 6.99%

Prepay Protection: None

Occupancy: OO

City and State collateral was located in: Lake Havasu City, AZ

Type of Collateral: SFR

Special Circumstances: This scenario came to us from a Broker familiar with Athas’ Non-Prime OO program. Both Borrowers had impacted credit scores and Athas gladly took them in. We facilitated a loan that would help them acquire their new retirement home in Lake Havasu City after the sale of their home in California. Aside from providing the best terms possible for the borrowers Athas assisted all parties in decreasing the borrower’s debts. We did this all in time for the borrowers to show up in Lake Havasu with their moving truck, sign their loan docs, fund their loan, and have them move in as planned.

If you have a Non-Prime loan request call Shaedon Boudreaux at Athas!!!

12 month bank statements for proof of income!

Loan Amount: $209,425

Broker Commission: $7,854.00 + $600 processing fee.

Athas Account Executive: Steve Nicholl

Account Executive phone number: 619-408-2908

Account Executive’s email: snicholl@athascapital.com

FICO: 688

Credit Grade: A-

Term Requested: 7 year

Interest Rate: 7.125%

Prepay Protection: No prepay

Occupancy: O/O

City and State collateral was located in: Palmdale, Ca.

Type of Collateral: SFR

Special Circumstances: Borrower was able to prove ability to repay by using business bank statements.

If you have a Non-Prime loan request call Steve Nicholl at Athas!!!

Man was this file a mess but Athas’ Back office stepped up!

Loan Amount: $213,500.00

Broker Commission: $5,337.50

Athas Account Executive: Stuart Solomon

Account Executive phone number: 818-930-5559

Account Executive’s email: Stuart@AthasCapital.com

FICO: 695

Credit Grade: A-

Term Requested: 3/27

Interest Rate: 8.25%

Prepay Protection: 3 years

Occupancy: Non Owner Occupied

City and State collateral was located in: Myrtle Beach, SC 29582

Type of Collateral: 4 unit Residential

Special Circumstances: This South Carolina’s Property Title Address had to be updated through the help of the Athas Account Manager and the South Carolina Title Officer. This may have taken an additional 4 weeks to complete if not for the Athas Account Manager working above and beyond her regular duties.

Highlights of this Day: This borrower was turned down from several other well-known Non-Prime Lenders when Athas received her loan submission. Athas senior account executive Stuart Solomon was able to get this loan conditionally approved in 8 hours. “We approved her loan and cured her title issues that other lenders walked away from.”

If you have a Non-Prime loan request call Stuart Solomon at Athas!!!

Lightning quick close! NO PROOF of income whatsoever!

Loan Amount: $585,909Broker Commission: $11,718.18

Athas Account Executive: Steve Nicholl

Account Executive phone number: 619-408-2908

Account Executive’s email: snicholl@athascapital.com

FICO: 715

Credit Grade: A+

Term Requested: 24m I/O

Interest Rate: 8.99%

Prepay Protection: No prepay

Occupancy: Owner O/O

City and State collateral was located in: Orange, Ca.

Type of Collateral: SFR

Special Circumstances: Borrower was NOT asked to prove any income what so ever!

Highlights of this Day: Athas was able to help our borrower to fulfill his goal to purchase his new investment home w/ our no income program so he can rent it out.

If you have a Non-Prime loan request call Steve Nicholl at Athas!!!

Loan Amount: $150,800.00

Broker Commission: 2.5 Points

Athas Account Executive: Stuart Solomon

Account Executive phone number: 818-930-5559

Account Executive’s email: Stuart@AthasCapital.com

FICO: 715

Credit Grade: A

Term Requested: 3/27 3YR-PPP

Interest Rate: 7.625%

Prepay Protection: Level 1

Occupancy: Non Owner Occupied

City and State collateral was located in: Victorville, CA 92392

Type of Collateral: SFR

Special Circumstances: Vested into a Trust, Conditional Loan offered on Tuesday March 14th, Borrower executed loan on Monday March 20th, Loan Funded on Thursday April 6th (20th day after execution)

Highlights of this Day: Borrower came to Stuart Solomon, Sr. Account Executive at Athas Capital, because of his reputation to manage complex loans and find solutions. His 35 years of banking experience enable Stuart to stand above all competition.
Despite this loans complexity of a Trust owning an LLC with multiple members, Stuart worked exceptionally hard to fund the loan in under 20 days.

If you have a Non-Prime loan request call Stuart Solomon at Athas!!!

SOMETIMES BORROWERS JUST DON’T WANT TO BE FORCED TO PROVE INCOME!!!

Loan Amount: $237,250

Broker Commission: $7,118.00
Athas Account Executive: Steve Nicholl

Account Executive phone number: 619-408-2908

Account Executive’s email: snicholl@athascapital.com

FICO: 655

Credit Grade: B

Term Requested: 2yr IO

Interested Rate: 9.99%

Prepay Protection: No prepay

Occupancy: N/O/O

City and State collateral was located in: Phoenix, AZ

Type of Collateral: 5 unit Multifamily

Special Circumstances: Borrower was NOT asked to prove any income what so ever!

If you have a Non-Prime loan request call Steve Nicholl at Athas!!!

Loan Amount: $148,000.00

Broker Commission: 2.0 Points + $595 Fees

Athas Account Executive: Stuart Solomon

Account Executive phone number: 818-930-5559

Account executive’s email: Stuart@AthasCapital.com

FICO: 749

Credit Grade: A

Term Requested: 7/1

Interest Rate: 6.875%

Prepay Protection: N/A

Occupancy:Owner Occupied

City and State collateral was located in: Reseda, CA 91335

Type of Collateral: Residential Condo

Special Circumstances: Conditional Loan offered on Friday March 31, Borrower executed loan on Tuesday April 4th, Loan Funded on Monday April 24th (15th day after execution)

Highlights of this Day: Borrower came to Stuart Solomon, Sr. Account Executive at Athas Capital, knowing they needed to fund this purchase in under 24 days. It had been turned down by several banks and escrow contract was expiring. Athas was able to fund the loan in under 15 days.

Loan Amount: $335,500

Broker Commission: $6,701

Athas Account Executive: Steve Nicholl

Account Executive phone number: 619-408-2908

Account Executive’s email: snicholl@athascapital.com

FICO: 735

Credit Grade: A

Term Requested: 360 months

Interest Rate: 5.875%

Prepay Protection: No prepay or minimum interest

Occupancy: O/O

City and State collateral was located in: San Jose, CA

Type of Collateral: SFR

Special Circumstances: The Nguyen had their hearts set on purchasing a particular new home. But they were getting let down by other lenders. Athas stepped in and was able to help w/ a higher qualifying ratio (54%dti.) not to mention Gift money for the down payment! In turn, the Nguyen’s, with Athas assistance, were able to get the keys to their new home.

If you have a Non-Prime loan request call Steve Nicholl at Athas!!!

Buying a new home while in foreclosure with a rental property!

Loan Amount: $384,000

Broker Commission:

Athas Account Executive: Terry O’Shaughnessy

Account Executive phone number: 888-343-4588

Account Executive’s email: Terry@athascapital.com

FICO: 608

Credit Grade: D

Term Requested: 360 months

Interest Rate: 9.49%

Prepay Protection: No prepay penalties or minimum interest

Occupancy: O/O

City and State collateral was located in: Lakewood, CA

Type of Collateral: SFR

Special Circumstances: This particular loan request came to us from a borrower that was currently in foreclosure with one of his rental properties. But this borrower wanted to buy a new owner occupied home for himself and his family. The borrower had 35% down and a stable job. Athas was proud to help this borrower out that obviously had challenged credit.

If you have a Non-Prime loan request call Terry O’Shaughnessy at Athas!!!

27001 Agoura Road Suite 200 Calabasas Hills, CA 91301
Phone: 1-877-877-1477
Email: info@athascapital.com

Licensed under the Department of Business Oversight California Finance Lenders Law. Loans are made or arranged under the Department of Business Oversight California Finance Lenders Law License # 603 F869 NMLS# 275237