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Hi Angel. I was wondering what your bank does with any "fall out" loans that do not fit your guidelines due to non-qualifying ratios. I can do TRUE STATED income loans up to 70% LTV for both 1-4 unit residential investment and commercial properties with a minimum 650 fico. You/your bank can get paid on these "fall outs" and your bank takes no risk. Thank you.
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Hi Angel. I was wondering what your bank does with any "fall out" loans that do not fit your guidelines due to non-qualifying ratios. I can do TRUE STATED income loans up to 70% LTV for both 1-4 unit residential investment and commercial properties with a minimum 650 fico. You/your bank can get paid on these "fall outs" and your bank takes no risk. 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