STATED INCOME loans for both 1-4 Unit Residential Investment and Commercial Properties

LOW RATE EVEN WITH ABSOLUTELY :

NO INCOME VERIFIED

NO ASSETS VERIFIED (for purchase will verify down payment, and for 1st time homebuyer possible 2-3 months reserves)

NO TAX RETURNS

NO CPA LETTER

NO W2s

NO PAY STUBS

NO YTD PROFIT & LOSS

NO 12-24 MONTHS BUSINESS BANK STATEMENTS

NO BALLOON PAYMENT

NO MAXIMUM NUMBER OF PROPERTIES OWNED

NO EMPLOYMENT VERIFICATION

MINIMUM 650 MID FICO

OK for SFRs, 2-4 UNITS, CONDOS, PUDs, MIXED USE, 5+ UNITS, COMMERCIAL

OK FOR SALARIED/W2’D BORROWER

REBATE PRICING


We also do BRIDGE LOANS.


http://www.velocitycommercial.com/movie.php            


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.

Steve X. Dao,

Wholesale Commercial Loan Officer

Velocity Commercial Capital

DRE Broker#01327633    NMLS#869952

30699 Russell Ranch Rd, Suite 295

Westlake Village, CA 91362

PH 866.505.3863 ext. 346

PH 818.338.9546 – direct #

FAX 818.338.9746

sdao@velocitycommercial.com

www.vcc-inc.com

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