Home > upto $2 Million STATED INCOME Financing
All Fundings structured on a case by case basis.
Stated Loan Program
Loan amounts up to $2.0 million, requiring no personal tax returns. Perfect for owner occupied
properties and self-employed borrowers who can’t verify their income.
Property Types:
Class I: multifamily and mixed-use
Class II: office, retail, warehouse, self storage, mobile home parks
Class III: light industrial, restaurants, hotels/motels, automotive services
(must clear environmental risk parameters)
Loan Type:
Purchase
Refinance
Cash-out Refinance (no limit on cash out)
Loan Amount: $100,000 to $2.0 million
LTV: Up to 80% (up to 90% CLTV)
Fixed Period: 3, 5, 7, 10 and 30 – year fixed rate options
Term: 30 year fully amortizing (15, 20 and 25-year amortization available)
Minimum FICO: 600
Minimum DCR: 1.20 - (flexible)
• Simple loan documents
• No loan committees
• Impounds required for taxes and insurance
• Quick closings 30 to 45 days!
Loan Types & Terms...
Full Documentation, Stated Income and Hard Equity Financing. Loan amounts to $5 million+. LTV's to 97%, Fixed or Adjustable interest rates. 15/20/30 year amortization periods. Interest rates as low as today's residential mortgages. Stated income loans up to 2 million even with 600 score. Purchase, Refi, C/O Refi. Lending in all 50 States
Small Project Property Types Multi-family, mixed use, automotive, light industrial, office, retail/strip malls, warehouse, self-storage, mobile home parks, RV parks, bed & breakfast, rooming house, assisted living facilities, convienience stores, flagged & unflagged hospitality, day care, restaurants, truck stops and gas stations. Investor Residential blanket loans, 5+ properties.
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