All Discussions Tagged 'STATED' - Real Estate Finance2024-03-29T07:55:05Zhttps://realestatefinance.ning.com/forum/topic/listForTag?tag=STATED&feed=yes&xn_auth=noCommercial/Residential Stated Loans Is Here!tag:realestatefinance.ning.com,2016-02-25:6517464:Topic:2577852016-02-25T17:48:45.335ZAnthony Henryhttps://realestatefinance.ning.com/profile/AnthonyHenry
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/124832588?profile=original" target="_self"><img width="750" src="http://storage.ning.com/topology/rest/1.0/file/get/124832588?profile=RESIZE_1024x1024" width="750" class="align-full"/></a></p>
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/124832588?profile=original" target="_self"><img width="750" src="http://storage.ning.com/topology/rest/1.0/file/get/124832588?profile=RESIZE_1024x1024" width="750" class="align-full"/></a></p> STATED COMMERCIAL LOANStag:realestatefinance.ning.com,2016-02-08:6517464:Topic:2559222016-02-08T14:18:30.949ZAnthony Henryhttps://realestatefinance.ning.com/profile/AnthonyHenry
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/124832436?profile=original" target="_self"><img width="750" src="http://storage.ning.com/topology/rest/1.0/file/get/124832436?profile=RESIZE_1024x1024" width="750" class="align-full"/></a></p>
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/124832436?profile=original" target="_self"><img width="750" src="http://storage.ning.com/topology/rest/1.0/file/get/124832436?profile=RESIZE_1024x1024" width="750" class="align-full"/></a></p> "NO INCOME VERIFICATION" FINANCINGtag:realestatefinance.ning.com,2015-12-29:6517464:Topic:2520602015-12-29T18:21:01.119ZAnthony Henryhttps://realestatefinance.ning.com/profile/AnthonyHenry
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/124831714?profile=original" target="_self"><img width="750" src="http://storage.ning.com/topology/rest/1.0/file/get/124831714?profile=RESIZE_1024x1024" width="750" class="align-full"/></a></p>
<p><a href="http://storage.ning.com/topology/rest/1.0/file/get/124831714?profile=original" target="_self"><img width="750" src="http://storage.ning.com/topology/rest/1.0/file/get/124831714?profile=RESIZE_1024x1024" width="750" class="align-full"/></a></p> NO DOC, STATED INCOME COMMERCIAL REAL ESTATE LOANS - NO TAX RETURNS REQUIRED, ALL PROPERTY TYPES!tag:realestatefinance.ning.com,2014-02-15:6517464:Topic:1544282014-02-15T16:52:22.492ZGaryhttps://realestatefinance.ning.com/profile/Gary
<p></p>
<p></p>
<p class="MsoNormal" style="text-indent: .5in;"><span style="font-size: 14.0pt; font-family: 'Arial','sans-serif';">RED STAR COMMERCIAL REAL ESTATE FUNDING</span></p>
<p class="MsoNormal" style="text-indent: .5in;"><b><span style="font-size: 14.0pt; font-family: 'Arial','sans-serif';"> </span></b></p>
<p class="MsoNormal" style="text-indent: .5in;"><b><span style="font-size: 14.0pt; font-family: 'Arial','sans-serif';">NO DOC, STATED INCOME COMMERCIAL R/E LOANS …</span></b></p>
<p></p>
<p></p>
<p class="MsoNormal" style="text-indent: .5in;"><span style="font-size: 14.0pt; font-family: 'Arial','sans-serif';">RED STAR COMMERCIAL REAL ESTATE FUNDING</span></p>
<p class="MsoNormal" style="text-indent: .5in;"><b><span style="font-size: 14.0pt; font-family: 'Arial','sans-serif';"> </span></b></p>
<p class="MsoNormal" style="text-indent: .5in;"><b><span style="font-size: 14.0pt; font-family: 'Arial','sans-serif';">NO DOC, STATED INCOME COMMERCIAL R/E LOANS </span></b></p>
<p class="MsoNormal" style="text-indent: .5in;"><u><span style="font-size: 14.0pt; font-family: 'Arial','sans-serif';">Program Highlights for 2014</span></u></p>
<p class="MsoNormal" style="text-indent: .5in; text-autospace: none;"><u><span style="font-family: HelveticaNeueLTStd-Hv;"><span style="text-decoration: none;"> </span></span></u></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">A PERFECT alternative to bank’s rigid lending guidelines and excellent fit for the self-employed borrower or </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">those with slightly less than optimal credit scores;</span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">NO TAX RETURNS REQUIRED</span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">NO PROOF OF INCOME</span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">NO PERSONAL DEBT SERVICE COVERAGE REQUIREMENTS</span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Offering flexible, extremely fast and favorable fixed rate loans for almost all income producing commercial </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">real estate property types including:</span></p>
<p class="MsoNormal" style="text-autospace: none;"> </p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Apartments, Mixed-Use, Office, Retail, Strip Centers, Warehouse, Self-Storage, Automotive Services and all</span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">General Purpose Real Estate. 1-4 unit Investor, Non-Owner Occupied and SFR’s also considered.</span></p>
<p class="MsoNormal" style="text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Loan sizes: $100,000 – $2,500,000 Million Dollars</span></p>
<p class="MsoNormal" style="text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"><br/> Loan Types: Purchase, Refinance, Un-limited and Un-restricted <u>CASH OUT OK</u></span></p>
<p class="MsoNormal" style="text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Minimum Credit Required: 650 Fico Score</span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="text-indent: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Loan Term: 30 Years Fully Amortizing, fixed for initial 5 years.</span></p>
<p class="MsoNormal" style="text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="text-indent: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Amortization: 30 Years (No Balloon or Maturity)</span></p>
<p class="MsoNormal" style="text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Underwriting: Maximum LTV is 70% for Multi Family / 65% LTV General Purpose Real Estate. </span></p>
<p class="MsoNormal" style="text-autospace: none;"><span style="color: #1f497d;"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Secondary Financing Allowed to 80 CLTV!</span></p>
<p class="MsoNormal" style="text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Closing: 4 weeks typical, fast close and easy, streamlined process with minimal documentation requirements.</span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Territory: Nationwide – All markets considered including secondary / tertiary locations. No rural markets.</span></p>
<p class="MsoNormal" style="text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">Interest Rates: Competitive Fixed Rates determined deal by deal, varies by loan amount, credit, etc.</span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal" style="margin-left: .5in; text-autospace: none;"><span style="font-family: 'Arial','sans-serif';">We do not lend on raw land, vacant properties, rehabs or construction projects.</span></p>
<p class="MsoNormal" style="margin-left: 1.5in; text-indent: -1.0in;"><b><span style="font-family: 'Arial','sans-serif';"> </span></b></p>
<p class="MsoNormal" style="margin-left: 1.5in; text-indent: -1.0in;"><span style="font-family: 'Arial','sans-serif';">For more information, contact us today at 610-578-0715 or email gpolao@gmail.com<br/></span></p>
<p class="MsoNormal" style="text-indent: .5in; text-autospace: none;"><span style="font-size: 12.0pt; font-family: 'Arial','sans-serif';"> </span></p>
<p class="MsoNormal"># # # #</p>
<p class="MsoNormal"> </p> VERIFY REAL DIRECT LENDERS vs. CONSULTANTS/MIDDLE MEN!!! SAVE $$ SAVE YOUR DEAL!!tag:realestatefinance.ning.com,2014-01-14:6517464:Topic:1470622014-01-14T16:35:16.273ZSteve Daohttps://realestatefinance.ning.com/profile/SteveDao
<p>Dear BROKERS,</p>
<p>In many cases your deal was probably feasible, but due to all the "junk fees" or "garbage fees" from CONSULTANTS or MIDDLE MEN pretending to be A DIRECT LENDER there was not enough equity and the deal died.</p>
<p>DON'T SIGN ANYTHING UNTIL YOU LET ME REVIEW YOUR LOAN SCENARIO! I will try and do it as a NO UPFRONT POINT LOAN, and if I can't do it I will try and find someone who can AT NO CHARGE!!</p>
<p><b><i>Steve X. Dao</i></b>,</p>
<p>Wholesale Commercial Account…</p>
<p>Dear BROKERS,</p>
<p>In many cases your deal was probably feasible, but due to all the "junk fees" or "garbage fees" from CONSULTANTS or MIDDLE MEN pretending to be A DIRECT LENDER there was not enough equity and the deal died.</p>
<p>DON'T SIGN ANYTHING UNTIL YOU LET ME REVIEW YOUR LOAN SCENARIO! I will try and do it as a NO UPFRONT POINT LOAN, and if I can't do it I will try and find someone who can AT NO CHARGE!!</p>
<p><b><i>Steve X. Dao</i></b>,</p>
<p>Wholesale Commercial Account Executive</p>
<p>Velocity Commercial Capital</p>
<p>CA DRE Broker#01327633 NMLS#869952</p>
<p>30699 Russell Ranch Rd, Suite 295</p>
<p>Westlake Village, CA 91362</p>
<p>PH 866.505.3863 ext. 346</p>
<p>PH 818.338.9546 – direct #</p>
<p>FAX 818.338.9746</p>
<p><a href="mailto:sdao@velocitycommercial.com">sdao@velocitycommercial.com</a></p>
<p><b><i><a href="http://www.velocitycommercial.com/">www.velocitycommercial.com</a></i></b></p>
<p></p> STATED INCOME loans for both 1-4 Unit Residential Investment and Commercial Propertiestag:realestatefinance.ning.com,2013-12-16:6517464:Topic:1403032013-12-16T23:24:54.280ZSteve Daohttps://realestatefinance.ning.com/profile/SteveDao
<p>LOW RATE EVEN WITH ABSOLUTELY :</p>
<p>NO INCOME VERIFIED</p>
<p>NO ASSETS VERIFIED (for purchase will verify down payment, and for 1st time homebuyer possible 2-3 months reserves)</p>
<p>NO TAX RETURNS</p>
<p>NO CPA LETTER</p>
<p>NO W2s</p>
<p>NO PAY STUBS</p>
<p>NO YTD PROFIT & LOSS</p>
<p>NO 12-24 MONTHS BUSINESS BANK STATEMENTS</p>
<p>NO BALLOON PAYMENT</p>
<p>NO MAXIMUM NUMBER OF PROPERTIES OWNED</p>
<p>NO EMPLOYMENT VERIFICATION</p>
<p>MINIMUM 650 MID FICO</p>
<p>OK for SFRs, 2-4…</p>
<p>LOW RATE EVEN WITH ABSOLUTELY :</p>
<p>NO INCOME VERIFIED</p>
<p>NO ASSETS VERIFIED (for purchase will verify down payment, and for 1st time homebuyer possible 2-3 months reserves)</p>
<p>NO TAX RETURNS</p>
<p>NO CPA LETTER</p>
<p>NO W2s</p>
<p>NO PAY STUBS</p>
<p>NO YTD PROFIT & LOSS</p>
<p>NO 12-24 MONTHS BUSINESS BANK STATEMENTS</p>
<p>NO BALLOON PAYMENT</p>
<p>NO MAXIMUM NUMBER OF PROPERTIES OWNED</p>
<p>NO EMPLOYMENT VERIFICATION</p>
<p>MINIMUM 650 MID FICO</p>
<p>OK for SFRs, 2-4 UNITS, CONDOS, PUDs, MIXED USE, 5+ UNITS, COMMERCIAL</p>
<p>OK FOR SALARIED/W2’D BORROWER</p>
<p>REBATE PRICING</p>
<p><br/>We also do BRIDGE LOANS.</p>
<p><br/><a href="http://www.velocitycommercial.com/movie.php" rel="nofollow" target="_blank">http://www.velocitycommercial.com/movie.php</a> </p>
<p><br/>This is meant to compete against hard money type deals that you may come across, or even to resurrect dead deals due non-qualifying ratios. Max LTV is 70% (some restrictions apply). Max $1 million on Residential and $2 million for Commercial (exceptions on case by case). You don’t need a NMLS license to submit and get paid on this loan. Please let me know if I may be of service. Thank you.</p>
<p></p>
<p><b><i>Steve X. Dao</i></b>,</p>
<p>Wholesale Commercial Loan Officer</p>
<p>Velocity Commercial Capital</p>
<p>DRE Broker#01327633 NMLS#869952</p>
<p>30699 Russell Ranch Rd, Suite 295</p>
<p>Westlake Village, CA 91362</p>
<p>PH 866.505.3863 ext. 346</p>
<p>PH 818.338.9546 – direct #</p>
<p>FAX 818.338.9746</p>
<p></p>
<p><a href="mailto:sdao@velocitycommercial.com" rel="nofollow" target="_blank">sdao@velocitycommercial.com</a></p>
<p><a href="http://www.vcc-inc.com/" rel="nofollow" target="_blank">www.vcc-inc.com</a></p> STATED RESIDENTIAL LOANStag:realestatefinance.ning.com,2013-08-27:6517464:Topic:1062352013-08-27T20:13:37.949ZAnthony Henryhttps://realestatefinance.ning.com/profile/AnthonyHenry
<p><iframe width="420" height="315" src="//www.youtube.com/embed/QxyEHmcPhAk?wmode=opaque" frameborder="0"></iframe>
</p>
<p><iframe width="420" height="315" src="//www.youtube.com/embed/QxyEHmcPhAk?wmode=opaque" frameborder="0"></iframe>
</p> STATED RESIDENTIAL LOANStag:realestatefinance.ning.com,2013-08-20:6517464:Topic:1029942013-08-20T14:53:44.490ZAnthony Henryhttps://realestatefinance.ning.com/profile/AnthonyHenry
<p><iframe width="420" height="315" src="//www.youtube.com/embed/QxyEHmcPhAk?wmode=opaque" frameborder="0"></iframe>
</p>
<p><iframe width="420" height="315" src="//www.youtube.com/embed/QxyEHmcPhAk?wmode=opaque" frameborder="0"></iframe>
</p> STATED COMMERCIAL LOANStag:realestatefinance.ning.com,2013-07-15:6517464:Topic:879202013-07-15T14:46:30.884ZAnthony Henryhttps://realestatefinance.ning.com/profile/AnthonyHenry
<p style="text-align: center;"><span class="font-size-4"><a href="http://anthonyhenry.wordpress.com/2013/07/15/stated-commercial-loans-3/" target="_blank">Commercial Stated Loan Product</a></span></p>
<p style="text-align: center;"><span class="font-size-4"><a href="http://anthonyhenry.wordpress.com/2013/07/15/stated-commercial-loans-3/" target="_blank">Commercial Stated Loan Product</a></span></p> STATED COMMERCIAL LOANStag:realestatefinance.ning.com,2013-06-08:6517464:Topic:795322013-06-08T18:52:34.830ZAnthony Henryhttps://realestatefinance.ning.com/profile/AnthonyHenry
<p><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/124760161?profile=original"><img class="align-full" src="http://storage.ning.com/topology/rest/1.0/file/get/124760161?profile=original" width="600"/></a></p>
<p><a target="_self" href="http://storage.ning.com/topology/rest/1.0/file/get/124760161?profile=original"><img class="align-full" src="http://storage.ning.com/topology/rest/1.0/file/get/124760161?profile=original" width="600"/></a></p>