Steve Dao
  • Thousand Oaks, CA
  • United States
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Steve Dao's Discussions

VERIFY REAL DIRECT LENDERS vs. CONSULTANTS/MIDDLE MEN!!! SAVE $$ SAVE YOUR DEAL!!

Started this discussion. Last reply by James Ali Jan 10, 2015. 1 Reply

Dear BROKERS,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…Continue

Tags: INCOME, no, upfront, points, STATED

VERIFY REAL BROKERS/DIRECT LENDERS vs. CONSULTANTS THAT INCREASE FEES!!!

Started Jan 14, 2014 0 Replies

Dear Borrowers,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 BROKER or DIRECT LENDER your deal…Continue

Tags: no, point, commercial, income, stated

NO UPFRONT POINTS FOR HARD MONEY LOANS! UP TO 70% LTV! STATED INCOME! UPTO $2 MILLION!!!!!

Started this discussion. Last reply by Steve Dao Jan 14, 2014. 2 Replies

Dear Borrowers,Are you tired of paying upfront points and fees due to greedy brokers or middle men/consultants?  Please allow me to compete for your business!  Me and my extensive network of brokers…Continue

Tags: stated, commercial, income, mixed, use

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

Started Dec 16, 2013 0 Replies

LOW RATE EVEN WITH ABSOLUTELY :NO INCOME VERIFIEDNO ASSETS VERIFIED (for purchase will verify down payment, and for 1st time homebuyer possible 2-3 months reserves)NO TAX RETURNSNO CPA LETTERNO W2sNO…Continue

Tags: COMMERCIAL, RESIDENTIAL, INCOME, STATED

 

Steve Dao's Page

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Company name and description
Velocity Commercial Capital
STATED INCOME LOANS for 1-4 Unit Residential Investment and Commercial Properties. Min 650 fico. MAX 70% LTV. NO Tax Returns, NO Paystubs, NO W2s, NO YTD P & L, NO Bank Statements (except for down payment). MAX $1 Million on Residential, MAX $2 Million for Commercial. Only Broker's License needed in some states to submit loan and get paid. Call for details. 818-338-9546.

Steve Dao's Blog

SIMPLE DOC loans for both 1-4 Unit Residential Investment and Commercial Properties.

Posted on March 31, 2014 at 11:30am 10 Comments

RATES FROM 6.49%, MAX LTV up to 75% 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 4506

NO BALLOON PAYMENT

NO MAXIMUM NUMBER OF PROPERTIES OWNED

MINIMUM 650 MID FICO (will even go below…

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SUPPLEMENT YOUR INCOME!! MAKE MONEY ON LOANS WITHOUT NMLS NEEDED!!

Posted on December 26, 2013 at 12:11pm 3 Comments

SUPPLEMENT YOUR INCOME!!  MAKE MONEY ON LOANS WITHOUT NMLS NEEDED!!

Stop giving away or spliting your loan commissions!  You can submit a TRUE STATED INCOME loan for 1-4 unit Residential Investment and Commercial properties without a NMLS license and get paid on it.  In some states you don't even need your real estate license.  We are a non-regulated institutional direct lender specializing in these STATED INCOME loans.  You can compete against other hard money lenders in your area to…

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