Stated Income - Asset Based Lending
New funding source! Primarily asset based.
1sts - 2nds - and even 3rds
Residential – Commercial
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 2nd 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.
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
Helping people with private and hard money for 30+ years.
Liaison to a $200 million lending fund.
(Multiple sources available.)
Inquiries via e-mail with details get priority response