STATED COMMERCIAL LOANS

[Richard Lares]

RATES FROM 6.49%
LOAN AMOUNTS: $250k-$5-mil.
MAX LTV: 75%
LOW DOCS
FOREIGN NATIONALS, OK!
NO INCOME/EMPLOYMENT VERIFIED
NO 4506/CPA LETTER
NO BANK STATEMENTS (Only on Purchases)
NO RESERVE REQUIREMENTS (3mths PITI if VACANT)
NO CASH OUT RESTRICTIONS
NO EXIT STRATEGY/NO EXECUTIVE SUMMARY
CAN FINANCE UP TO 10 PROPERTIES PER BORROWER
CAN VEST IN LLC/CORP
NO MAX NUMBER OF PROPERTIES OWNED
NO DSCR ON SFR’s
30YR AMORTIZATION LOANS
NO BALLOON
N/O/O 1-4 units & COMMERCIAL PROPERTIES
NATIONWIDE LENDING PROGRAM
Min 630 Fico




Property Types: SFR, Townhome, Condo, 2-4 Unit, multifamily (5+ units), mixed use, office, retail, warehouse, self-storage, automotive services

Richard Lares
[phone]
[e-mail]