NO INCOME VERIFICATION PROGRAM FOR INVESTMENT 1-4 FAMILY, CONDOS, MULTIFAMILY, MIXED USE, RETAIL, OFFICE, WAREHOUSE, LIGHT INDUSTRIAL, SELF STORAGE , AUTO REPAIR, RESTAURANTS
• Ideal for self-employed borrowers
• Based on property value, cashflow and condition
• Rates: Prime based adjustable. Fixed rates and Interest only option also available
Loan Amounts: $100,000-$3,000,000
Loan to Value: 75% maximum. Seller 2nds on purchases allowed
Amortization/Term: 30 years
Origination Points: Flexible. No point option also available
Prepayment Penalties: Flexible
DSCR Requirements: None required on 1-4 family properties
Credit Score requirement: None
Lending Coverage: All states with the exception of CA, AZ, NV, AK, OR, HI, SD, ND, MI, IL, VT