NO DOC, STATED INCOME COMMERCIAL LOANS to $5,000,000!

NO DOC, STATED INCOME COMMERCIAL LOANS to $5,000,000!
April 2014 Program Update

NEWLY REVISED ELIGIBILITY GUIDELINES FOR 2ND QUARTER - 2014 TRANSACTIONS!

*** NO DOC MAX LOAN AMOUNTS RAISED TO $5,000,000 MAX AND 75% LTV ***

Multi-Family, Mixed-Use, Office, Retail, Strip Centers, Warehouse, Self-Storage Facilities,
Automotive Services and General Purpose Real Estate. Including CONDO’s, 1-4 Unit Investor.
Loan sizes: $100,000 – $5,000,000 Million Dollars!!!!!
Loan Types: Purchase, Refinance, Un-limited and Un-restricted CASH OUT
Minimum Credit Required: 650 Fico Score
Loan Term: 30 Year Fully Amortizing Loan, fixed for initial 5 years. (No Balloon or Maturity)
Closing: 30 Day, Fast close with streamlined processing, minimal documentation and paperwork.
Territory: Nationwide – All markets and locations considered. No rural markets.
Rates: Very competitive rates determined deal-by-deal, based on loan amount, credit profile.

We do not lend on raw land, vacant properties, rehabs or construction projects at this time.

NO TAX RETURNS
NO PROOF OF INCOME
NO PERSONAL DEBT SERVICE COVERAGE REQUIREMENTS
NO INCOME VERIFIED
NO ASSETS VERIFIED (for purchase will verify down payment)
NO W2s
NO PAY STUBS
NO YTD PROFIT & LOSS
NO 12-24 MONTHS BUSINESS BANK STATEMENTS
NO 4506
NO BALLOON PAYMENT
NO MAXIMUM NUMBER OF PROPERTIES OWNED
NO EMPLOYMENT VERIFICATION
OK FOR SALARIED/W2’D BORROWER
MINIMUM 650 MID FICO SCORE

We also fund ASSET BASED BRIDGE LOANS!

Please inquire today with your commercial real estate lending scenario.
610-578-0715 E-mail: gpolao@gmail.com

Views: 86

Comment

You need to be a member of Real Estate Finance to add comments!

Join Real Estate Finance

© 2024   Created by Admin.   Powered by

Badges  |  Report an Issue  |  Terms of Service