Stated Income - Asset Based Lending

[Admin]

Stated Income - Asset Based Lending

New funding source! Primarily asset based.

1sts - 2nds - and even 3rds

Residential – Commercial

Stated income

No minimum FICO

No Bank Statements needed

No Tax returns needed

LLCs and Corporations OK

Bad Credit OK

75% Max LTV on 1sts

65% Max CLTV on 2^nd and 3rds

Max loan on 1sts - $7,000,000

Max loans on 2nds  - $2,000,000

Interest rates. On firsts, starting at 7.20% IO or fully amortized. On seconds, starting at 9.39% - interest only.

Each scenario is, obviously, a case by case basis.

Select states:

AL, AK, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID(C), IL(C), IN, IA, KS, KY, LA, ME, MD, MA, MN(C), MS, MO, MT, NE, NH, NM, OH, OK, OR(C), PA, RI, SC, TN, TX, UT(C), VA(C), WA, WV, WI, WY

David Kindopp

Helping people with private and hard money for 30+ years. 

Liaison to a $200 million lending fund.

(Multiple sources available.)

916-507-9923

[e-mail]

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Inquiries via e-mail with details get priority response