Seriously, call Brian Scott Cohen from Wells Fargo he be very honest with you and tell you what can be done. He does not charge an application fee. He hooked up our loan and we had a 500k commercial loan he did for us went smooth as can be 718 780 9132

Posted by: Thedish at July 15, 2008 10:30 PM in response to Financing? How do you do it?

Seriously, call Brian Scott Cohen from Wells Fargo he be very honest with you and tell you what can be done. He does not charge an application fee. He hooked up our loan and we had a 500k commercial loan he did for us went smooth as can be

Posted by: Thedish at July 15, 2008 10:30 PM in response to Financing? How do you do it?

Seriously, call Brian Scott Cohen from Wells Fargo he be very honest with you and tell you what can be done. He does not charge an application fee. He hooked up our loan and we had a 500k commercial loan he did for us went smooth as can be 718 780 9132

Posted by: Thedish at July 15, 2008 10:30 PM in response to Financing? How do you do it?

try Wells and a Broker so you know Wells has the availabilty to broker out as well. I tried the guy above Brian Scott Cohen as Well his service was insane, but he could not do our loan, but definitely recommend him. We needed no income verification on a 4 family Jumbo...He may help you 718 n780 9132 or cell 646 584 8009

Posted by: VfromR at July 15, 2008 10:35 PM in response to Financing? How do you do it?

I just got a construction loan. T loan to value was 50%. I pay nterest only on what is used for 12 months at 4.5%. After 12 months it can go permanent or be paid off. I got it through Merrill and Mortgage Family.

Posted by: superstooper at July 16, 2008 9:35 AM in response to Financing? How do you do it?

I just got a construction loan. The loan to value was 50%. I pay interest only on what is used for 12 months at 4.5%. After 12 months it can go permanent or be paid off. I got it through Merrill and Mortgage Family.

Posted by: superstooper at July 16, 2008 9:35 AM in response to Financing? How do you do it?

Here is a contact at Wells Fargo per the mortgage + renovation loan package:

Marsha Morency
Home Mortgage Consultant
Renovation Specialist
Wells Fargo Home Mortgage
M6534-031
75-20 Astoria Blvd., Suite 130
East Elmhurst, New York 11370
718-310-4343 Tel
866-201-5006 Fax
marsha.morency@wellsfargo.com

Posted by: el_salar at July 17, 2008 5:03 PM in response to Financing? How do you do it?

Just stay away from Alphonso Gill at Wells Fargo - he has a horrible reputation.

Check out 203k loans, they are purchase + reno loans and could be what Wells Fargo offers. These I believe are FHA loans.

Posted by: bedstuytownhouse at July 19, 2008 6:31 PM in response to Financing? How do you do it?

The post who recommended Marhsa Morency at Wells Fargo obviously has not had contact with her.
She does not know what she is talking about. Seems inexperienced and made comments I knew to be wrong as I have been through the process and was looking to refinance.
Would not be my first, second or third choice...not any choice.

Posted by: liaCh at July 27, 2008 4:32 PM in response to Financing? How do you do it?