Fundings

Fundings2018-07-02T13:14:49+00:00

Fast Addition to Portfolio
Loan Amount: $ 562,500
Broker Commission: $ 12,545
Athas Account Executive: MICHAEL KAMA
Account Executive Phone Number: (818) 930-5558
Account Executive Email: mkama@athascapital.com
FICO:
Credit Grade: 710
Term Requested: 12 months
Interest Rate: 8.5%
Prepay Protection: N/A
Occupancy: INVESTMENT
City and State Collateral was Located in: San Diego, CA
Type of Collateral: SFR
Special Circumstances: Borrower wanted to add to her portfolio, quickly. Found a property and could not wait. Came to Athas Capital and with no income verified was able to purchase property in 8 days!
Highlights of this Deal: If you are looking for Investment / Rental Properties and want to get them done Fast and Professionally come to Athas Capital.
PLEASE CALL (MICHAEL KAMA) AT (818) 930-5558 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

California Borrower cash out from her Owner-Occupied property using NO income doc program!
Loan Amount: $ 310,000.00
Broker Commission: $ 6,975.00
Athas Account Executive: Mike Majidian
Account Executive Phone Number: 818-930-5569
Account Executive Email: mike@athascapital.com
FICO: 734
Credit Grade: A+
Term Requested: 12 months
Interest Rate: 8.5%
Prepay Protection: None
Occupancy: Owner Occupied
City and State Collateral was Located in: West Hills, CA
Type of Collateral: SFR
Special Circumstances: Borrower needed money to Inject into her business, using 51% rule, Athas Capital was able to use her Owner-Occupied property and approve her for a Business Purpose loan with NO income documents.
She was very happy that Athas Capital offered her the solution since she wants aware that this option was even available to her.
Highlights of this Deal: Business gets the capital it needs to strive.
PLEASE CALL Mike Majidian AT 818-930-5569 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

STATED INCOME purchase for real estate investor in less than Three Weeks!
Loan Amount: $167,895
Broker Commission: $3,357
Athas Account Executive: Marc Noddle
Account Executive Phone Number: 818-930-5579 or 818-259-1259
Account Executive Email: MNoddle@athascapital.com
FICO: 570
Credit Grade: “B”
Term Requested: 6 months
Interest Rate: 8.99%
Prepay Protection: None
Occupancy: NOO
City and State Collateral was Located in: Canyon Lake, TX
Type of Collateral: SFR
Special Circumstances: This credit-challenged investor was in need of a quick closing without the burden of showing his tax returns in what would have been a global DTI catastrophe. Athas funded this loan quickly with NO INCOME VERIFICATION!
Highlights of this Deal:
Athas was able secure funding on this investor purchase in less than three weeks, using the borrower’s real estate entity. No Income Documentation – No Reserves Required – No DSCR required
Please call Marc Noddle at (818) 930-5579 or (818) 259-1259 to discuss your next Non-Prime loan request!

440,000 CASH OUT…. EASY MONEY!
Loan Amount: $ 468,000
Broker Commission: $ 14,040.00
Athas Account Executive: PASH
Account Executive Phone Number: 818-802-3579
Account Executive Email: pasha@athascapital.com
FICO: 689
Credit Grade: A-
Term Requested: 3/1 ARM
Interest Rate: 8.49%
Prepay Protection: 3 Year Pre-Pay
Occupancy: NON-OWNER
City and State Collateral was Located in: Brooklyn, NY
Type of Collateral: Condo
Special Circumstances: Borrower was seeking max cash-out in order to purchase additional investment properties. I was able to offer a NO DOC loan with NO INCOME STATED or VERIFIED with NO Reserves Required or DSCR required!!! Borrower walked away with $440,000 in cash! If you have investors seeking to leverage their real estate portfolio in the most streamlined fashion, I can be a tremendous resource for you
Highlights of this Deal:
-NO INCOME STATED OR VERIFIED
-FICO Exception MADE when borrower’s FICO dipped below 680 by 3 points
-NO RESERVES REQUIRED
-NO DSCR REQUIRED
PLEASE CALL PASHA PARAN AT 818-930-5563 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

My Broker and Borrowers were Amazed and LOVE Me and Athas Capital!!! Easiest loan EVER!!!
Loan Amount: $ 560,000
Broker Commission: $ 10,500
Athas Account Executive: Rhonda Bernard
Account Executive Phone Number: 818-877-4375
Account Executive Email: Rhonda@AthasCapital.com
FICO: 780
Credit Grade: A+
Term Requested: 6 months
Interest Rate: 7.99
Prepay Protection: None
Occupancy: N/O/O
City and State Collateral was Located in: Oak Park, CA
Type of Collateral: SFR
Special Circumstances: Time constraint due to multiple offers
Highlights of this Deal: This was a new Broker for me and when he called and said Citidel wasn’t able to accommodate them on a fast turn time on this Non-Owner Purchase. I said we could do it!!! I submitted the loan Wed 4/11 and within 2 hours I sent out the Approval. The Borrowers signed CLA, we ordered the Appraisal and the loan closed Thursday April 19th!!!!

30 year fixed, no lender points, no income docs needed.
Loan Amount: $ 690,000
Broker Commission: $ 10,350
Athas Account Executive: Shaedon Boudreaux
Account Executive Phone Number: 818-930-5561
Account Executive Email: shaedon@athascapital.com
FICO: 778
Credit Grade: A+
Term Requested: 30 Year Fixed
Interest Rate: 6.74%
Prepay Protection: 3 year
Occupancy: NOO
City and State Collateral was Located in: Huntington Beach, CA
Type of Collateral: Duplex
Special Circumstances: This borrower doesn’t have time to prove income to get a loan. So they need great pricing and long terms. An affluent investor understands the power of a 30 year fixed loan and when backed by strong credit, Athas truly offers the best pricing.
Highlights of this Deal:
•No income docs, no DSCR test, no assets or reserves
•Lending to an LLC
•30 year fixed
PLEASE CALL SHAEDON BOUDREAUX AT 818-930-5561 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Athas delivers a smooooooth close on a RUSH purchase in 8 total Days!!!
Loan Amount: $386,250
Broker Commission: $1500.00
Athas Account Executive: Serge Mitrofanov
Account Executive Phone Number: 818.877.4294
Account Executive Email: Serge@AthasCapital.com
FICO: 786
Credit Grade: A+
Term Requested: 12m IO
Interest Rate: 9.5%
Prepay Protection: No PP
Occupancy: NOO
City and State Collateral was Located in: Loma Linda, CA
Type of Collateral: SFR
Special Circumstances:
Multiple lenders dropped the ball and the borrower was in a crunch to close.
Highlights of this Deal:
No Income – Rush Appraisal – Athas Funds the purchase in 8 TOTAL DAYS!!
PLEASE CALL $erge Mitrofanov AT 818.877.4294 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Purchase: Bridge loan for Non-owner occ purchase. Qualifying the borrower on a NO DOC program.
Loan Amount: $585,000.00
Broker Commission: $8775.00
Athas Account Executive: Steve Nicholl
Account Executive Phone Number: 619.408.2908
Account Executive Email: snicholl@athascapital.com
FICO: 731
Credit Grade: A+
Term Requested: 12 Months
Interest Rate: 9.50%
Prepay Protection: 0 prepay
Occupancy: Nonowner occ
City and State Collateral was Located in: Pinole, CA
Type of Collateral: SFR
Special Circumstances: Borrower was purchasing a Nonowner occ. property to rent out for Business purpose. Athas’s in house staff & underwriters were working enthusiastically w/ the Broker & Borrower to close the purchase loan on time. The file closed on time w/ Team Athas’s & the broker working together as a team.
PLEASE CALL Steve Nicholl AT 619.408.2908 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Foreign National purchase Commercial property NO INCOME
Loan Amount: $ 450,000
Broker Commission: $ 9,000
Athas Account Executive: Todd C. Soronen
Account Executive Phone Number: 818-930-5562
Account Executive Email: tsoronen@athascapital.com
FICO: 716
Credit Grade: A+
Term Requested: two year interest only
Interest Rate: 7.99%
Prepay Protection: No Prepay
Occupancy: Owner User Commercial
City and State Collateral was Located in: Van Nuys, CA
Type of Collateral: Commercial Office
Special Circumstances: Borrower is a Foreign National
Highlights of this Deal: No income stated or verified, No DSCR calculation on property.
PLEASE CALL TODD SORONEN AT 818-930-5562 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Foreign National $1.1 million Cash out
Loan Amount: $ 1,110,000
Broker Commission: $ 27,500
Athas Account Executive: Wesley Olison
Account Executive Phone Number: 818-877-4452
Account Executive Email: wesley@athascapital.com
FICO: 730 -Foreign National with U.S. credit
Credit Grade: A
Term Requested: 3/1 arm 30 year term BP 12.0
Interest Rate: 7.975
Prepay Protection: 3 yr PP
Occupancy: Investment
City and State Collateral was Located in: New York, NY ( Manhattan)
Type of Collateral: High rise condo
Special Circumstances: Borrower was a Non U.S. citizen with a High rise condo held in a foreign entity.
Highlights of this Deal: 1.1million cash out to a Foreign National Borrower
PLEASE CALL Wesley Olison AT 818-877-4452 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Funded another Non-Prime Owner-Occupied purchase!
Loan Amount: $163,200.00
Broker Commission: $1,632.00
Athas Account Executive: Arash Asghari
Account Executive Phone Number: 818-877.4271
Account Executive Email: arash@athascapital.com
FICO: 642
Credit Grade: B
Term Requested: 7/23
Interest Rate: 7.875%
Prepay Protection: No Prepay
Occupancy: Owner Occupied Purchase
City and State Collateral was Located in: Phoenix, AZ
Type of Collateral: Condo
Special Circumstances: Borrower was looking to purchase a new home but had hard time getting financing. Athas came to rescue once again and funded the loan on time.
Highlights of this Deal:
Owner Occupied purchase
50% DTI
PLEASE CALL Arash Asghari AT 818-877-4271 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

BUILDING AN EMPIRE!
Loan Amount: $ 520,000
Broker Commission: $ 10,400
Athas Account Executive: Alvin R. Greene
Account Executive Phone Number: 818.930.5554
Account Executive Email: Alvin@AthasCapital.com
FICO: 572
Credit Grade: “B”
Term Requested: 12 Months
Interest Rate: 8.750
Prepay Protection: No
Occupancy: Non-Owner Occupied
City and State Collateral was Located in: Los Angeles, CA.
Type of Collateral: Triplex (3-Units)
Special Circumstances: Borrower was presented with an incredible opportunity to expand her portfolio but had no cash to put down.
Highlights of this Deal: Refinanced her rental to extract the down payment necessary to purchase an additional rental property.
PLEASE CALL ALVIN R. GREENE AT 818.930.5554 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Jumbo and Super Jumbo Fully Amortized No-Income Doc loans designed exclusively for investors.
Loan Amount: $1,977,000.00
Broker Commission: $39,540.00
Athas Account Executive: Barry Boston
Account Executive Phone Number: 818-930-5580
Account Executive Email: bboston@athascapital.com
FICO: 762
Credit Grade: A+
Term Requested: 3/27 ARM
Interest Rate: 7.625@PAR
Prepay Protection: One Year
Occupancy: N/O/O
City and State Collateral was Located in: Rancho Mirage, CA
Type of Collateral: SFR
Special Circumstances: Borrowing entity held by another entity which was held in Trust. This was a jumbo purchase with no-income docs required. Seasoned investor builder with a large portfolio of REO. This would have been very difficult and time intensive to close with any type of traditional or bank financing.
Highlights of this Deal: Loan closed in a timely manner. Investor was able to obtain a no-income doc fully amortized loan at PAR pricing with a fixed interim three year term and only a one year prepay.
PLEASE CALL BARRY BOSTON AT 818-930-5580 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Borrower 60 days down closes no income loan in 2 weeks with Athas!!
Loan Amount: $ 450,000
Broker Commission: $ 4500
Athas Account Executive: Brandon Zimmer
Account Executive Phone Number: 818.877.4241
Account Executive Email: BrandonZ@athascapital.com
FICO: 545
Credit Grade: C
Term Requested: 12 month
Interest Rate: 10.25
Prepay Protection: NO
Occupancy: NOO
City and State Collateral was Located in: West Hills, Ca
Type of Collateral: SFR
Special Circumstances: Borrower needed cash out to improve the rental and was 60 days down.
Highlights of this Deal: Athas got the deal done in 10 days. Brought the borrower current and gave him cash out to improve the property to increase it’s market rental value.
PLEASE CALL BRANDON ZIMMER AT 818.877.4241 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

SUPER JUMBO NO INCOME LOAN CLOSED IN 12 DAYS
Loan Amount: $ 8,7000,000
Broker Commission: $43,500
Athas Account Executive: Brandon Zimmer
Account Executive Phone Number: 818 877 4241
Account Executive Email: BrandonZ@athascapital.com
FICO: 670
Credit Grade: A
Term Requested: 1 YEAR
Interest Rate: 8.50
Prepay Protection: NO PREPAY
Occupancy: N/O/O
City and State Collateral was Located in: MALIBU, CA
Type of Collateral: SFR
Special Circumstances: Borrower had Balloon note coming due May 1st. The subject property was crossed with another.
Highlights of this Deal: Athas sharpened our pencil to give GREAT off sheet pricing. Borrower signed the conditional loan approval April 18th. Had both appraisals done and funded the loan April 30th! Paid off the liens on both properties and gave the borrower $1.7 million in cash.
PLEASE CALL BRANDON ZIMMER AT 818.877.4241 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Balloon Payment Bailout! No Income or Assets Verified
Loan Amount: $297,500.00
Broker Commission: $14,875.00
Athas Account Executive: Diego Bedoya
Account Executive Phone Number: 818-930-5587
Account Executive Email: Diego@athascapital.com
FICO: 667
Credit Grade: A-
Term Requested: 3/1 ARM
Interest Rate: 9.25%
Prepay Protection: Yes
Occupancy: NOO
City and State Collateral was Located in: North Topsail Beach, NC
Type of Collateral: SFR
Special Circumstances: Borrower had a Balloon Payment coming due and needed a lender that was willing to move quickly with minimal conditions.
Highlights of this Deal: Borrower was able to keep their Rental property by the beach and get some additional cash out to enhance their Real Estate Portfolio.
PLEASE CALL Diego Bedoya AT 818-930-5587 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

$85,000 Purchase, Using Gift of Equity
Loan Amount: $ 51,000
Broker Commission: $ Retail
Athas Account Executive: Desmond Welsh
Account Executive Phone Number: 818-877-4512
Account Executive Email: desmond@athascapital.com
FICO: 771
Credit Grade: A
Term Requested: 3 year I/O
Interest Rate: 9.5
Prepay Protection: 1 year
Occupancy: non-owner
City and State Collateral was Located in: Grand Prairie TX
Type of Collateral: Single Family Residence
Special Circumstances: Purchase transaction involving family members as both buyer and seller.
Highlights of this Deal: It was a retail transaction, and because the loan amount was below $100,000
the borrower needed a larger down payment than he anticipated. After probing the buyer about the transaction and his relationship to the seller, I saw the opportunity for a gift of equity from the seller. I presented the idea of the borrower putting down $24,000 and having his uncle provide a gift of equity of $6000 and pay $4000 toward the buyers closing cost. We were able to achieve a successful close!
PLEASE CALL Desmond Welsh AT 818-877-4512 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

FAST STATED CASH OUT REFINANCE
Loan Amount: $ 167,500
Broker Commission: $ 6,500
Athas Account Executive: Erika Avildsen
Account Executive Phone Number: 747-238-3514
Account Executive Email: Erika@AthasCapital.com
FICO:
Credit Grade: B
Term Requested: 24 months
Interest Rate: 10.99%
Prepay Protection: None
Occupancy: N/O/O
City and State Collateral was Located in: Redlands, CA
Type of Collateral: SFR
Special Circumstances: Borrower needed some quick cash out of his rental property for another investment opportunity.
Highlights of this Deal: Stated, Cash Out, Low Fico Score.
PLEASE CALL ERIKA AVILDSEN AT 747-238-3514 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Trust Athas! Broker closes his own personal PURCHASE / INVESTMENT
Loan Amount: $ 307,000
Broker Commission: $ 6140
Athas Account Executive: JACQUELINE IENNI
Account Executive Phone Number: 949.393.1892
Account Executive Email: jacqueline@athascapital.com
FICO: 706
Credit Grade: A+
Term Requested: 2- year INTEREST ONLY
Interest Rate: 9.99%
Prepay Protection: NO PREPAY
Occupancy: NON-OWNER
City and State Collateral was Located in: LOS ANGELES, CA
Type of Collateral: SFR
Special Circumstances: When a Broker (Borrower) trusts us to close his own personal purchase deal. No Income documentation, No Income Stated and No Income Verified. We closed this purchase loan in 15 days!
Highlights of this Deal:
•Brokers personal deal
•Trust Athas
•No Income Stated/ Verified/ Documented
•Perfect credit
PLEASE CALL JACQUELINE IENNI AT 949.393.1892 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Two Brothers are becoming Real Estate Moguls by investing wisely.
Loan Amount: $ 700,000
Broker Commission: $ 20,125
Athas Account Executive: Jeff Krecioch
Account Executive Phone Number: 805-807-5875
Account Executive Email: Jeff@athascapital.com
FICO: 752 and 733 respectively
Credit Grade: A+
Term Requested: 24 months
Interest Rate: 8.50%
Prepay Protection: No prepayment penalty
Occupancy: Non-Owner
City and State Collateral was Located in:
Los Angeles, Ca
Type of Collateral:
4-unit building
Special Circumstances:
Note was maturing and borrowers refinanced and received approximately $100,000 cash out to invest in another property.
Highlights of this Deal:
These two brothers are smart. They have invested wisely over the years and have 3 multi-unit residential buildings that they own. Values keep going up and when loans mature they get more cash out to invest in more real estate opportunities.
PLEASE CALL Jeff Krecioch AT 805-807-5875 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

New Jersey? No Experience? NO ISSUES, funded quickly!
Loan Amount: $ 199,500
Broker Commission: $ 10,970
Athas Account Executive: Jon Nierengarten
Account Executive Phone Number: 818-877-4240
Account Executive Email: jon@athascapital.com
FICO: 636
Credit Grade: B
Term Requested: 2 YEAR I/O
Interest Rate: 10.49%
Prepay Protection: NO
Occupancy: Tenant
City and State Collateral was Located in: Newark, NJ
Type of Collateral: 2 Unit
Special Circumstances: Borrower was first-time investor, purchasing a turn-key duplex complete with tenants. Average credit, no experience in real estate, but still able to close quickly!
Highlights of this Deal: NEW JERSEY. Despite borrower having NO EXPERIENCE, and the property being located IN NEW JERSEY, Athas was still able to fund quickly and meet all deadlines with the purchase contract.
PLEASE CALL JON AT 818-877-4240 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Deal was funded while still in probate!
Loan Amount: $ 126750
Broker Commission: $ $2835
Athas Account Executive: John Pina
Account Executive Phone Number: 8188774322
Account Executive Email: john@athascapital.com
FICO: 656
Credit Grade: A-
Term Requested: 30 Year Fixed
Interest Rate: 6%
Prepay Protection: 3 years
Occupancy: N/O/O
City and State Collateral was Located in: Wharton, TX
Type of Collateral: 4 plex
Special Circumstances: In probate
Highlights of this Deal: Deal was funded while still in probate!
PLEASE CALL John Pina AT 818-877-4322 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Purchase Start to finish in 7 days without a hitch
Loan Amount: $ 197,000.00
Broker Commission: $ 3,940.00
Athas Account Executive: Jennifer Valko
Account Executive Phone Number: 818-877-4293
Account Executive Email: Jennifer@athascapital.com
FICO: 701
Credit Grade: A
Term Requested: 6 months
Interest Rate: 7.5%
Prepay Protection: No Pre-pay
Occupancy: NOO
City and State Collateral was Located in: Sacremento, CA
Type of Collateral: SFR
Special Circumstances: Borrower had 9 days to close or she would lose her deposit. Athas Capital closed the deal in 7 days with 2 days to spare. This included ordering an appraisal. NO PREPAY
Highlights of this Deal: 7 day close from start to finish. Borrower has 6 months to refi into a new loan and was able to get the property she wanted without a hitch.
PLEASE CALL Jennifer Valko AT (818-877-4293) TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Hard Money Loan helped save the borrower investment property from foreclosure
Loan Amount: $ 478,400
Broker Commission: $ 7,170
Athas Account Executive: Kenneth Groen
Account Executive Phone Number: 818-930-5549
Account Executive Email: Kenny@athascapital.com
FICO: 548
Credit Grade: B
Term Requested: 6 Months
Interest Rate: 9.50%
Prepay Protection: None
Occupancy: Non-Owner
City and State Collateral was Located in: Santa Ana, CA
Type of Collateral: SFR
Special Circumstances: Borrower had bad credit, home was on its way to foreclosure, needed money fast quick in order to save the property.
Highlights of this Deal: Athas was able to prevent this borrower from losing his investment property by giving him the funds to save the property.
PLEASE CALL Kenny Groen at 818-930-5549 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

Quicker and Hotter than the California sun!
Loan Amount: $ 862,500
Broker Commission: $11,762
Athas Account Executive: Mariam Jasemi
Account Executive Phone Number: 818-930-5553
Account Executive Email: Mariam@athascapital.com
FICO: 730
Credit Grade: A+
Term Requested: 12 Months
Interest Rate: 9.50%
Prepay Protection: None
Occupancy: Non-Owner
City and State Collateral was Located in: Tarzana, CA
Type of Collateral: SFR
Special Circumstances: Borrowers needed a quick turn around on a purchase in Tarzana, CA. They did not want to prove income and did not want a prepayment penalty. We got their Conditional Loan Approval within a couple of hours of the submission! And it was full steam ahead from that point onward.
Highlights of this Deal: Quick closing on a Jumbo Loan – No Income Verified – Closed in less than 2 weeks!
PLEASE CALL MARIAM JASEMI AT 818.930.5553 TO DISCUSS YOUR NEXT NON-PRIME LOAN REQUEST!

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