Stated Income Programs are back. The market is changing and so are we. We are Offering our most aggressive Program to Date.
Available on Existing and New Construction.
We have worked hard to make this program the most aggressive
Investor / End User funding program in the market
PROGAM GUIDELINES
• Stated Income or Full Documentation OK
• New Construction, Existing Building or Refinancing+
• 10% Hard Down Payment Of Contract Amount
• 90% LTV (Loan to Value New Construction or Purchase)
• 70% LTV (On Refinance)+
• 7.5% Interest Only Fixed
• 3 Yr Balloon with a possible additional 3 Yrs. (2 Points to Extend the extra 3 Yrs. / Must be done at 1st closing)
• Closing Cost can be financed into the loan (Must appraise)
• No Pre-Payment Penalty
• Interest Reserve NO Payments During Construction (If paid buy builder)
• No Minimum Credit Scores (Good Pay History Required)
• No Limit on Properties Owned or on Credit Report
• Not reported to Credit Bureaus (Unless Default or Requested)
• Foreign Nationals OK
• Multi-Properties OK
• Available in all 48 States
• Must show good reserves
• Loan Funding within 45 to 60 Days from Approved Application
• Each Property requires a separate loan.
• Loans must be signed for personal then can be transferred to
• LLC after closing (Personal Signature still liable for loan)
• Single Family Homes, Multifamily, Townhouses, Condominiums and Approved Commercial Projects.
• Minimum Loan Amount of $100,000.00
• Client Pre -Approval within 3 Days
• Builder Approval within 5 Days (If New Construction)
