NO DOCUMENTATION / STATED INCOME – NON BANK LENDER

[Jamie A Wilson]

Offering flexible, fast and favorable fixed rate loans for income producing real estate! Simple process: Credit score, appraisal = funding! 

Multi-Family, Mixed-Use, Office, Retail, Strip Centers, Warehouse, Self-Storage, Automotive Service. 1-4 unit Investor property, Non-Owner Occupied, Condo’s and SFR’s also eligible. 

Loan sizes:  $100,000 – $5,000,000 Million Dollars

Loan Types:  Purchase, Refinance, Un-limited CASH OUT

Minimum Credit Required:   650 Fico Score

Loan Term:  30 Year Fully Amortizing Loan, fixed for initial 5 years. (No Balloon or Maturity)

Underwriting:  Maximum LTV is 75%   Secondary Financing Allowed to 80 CLTV!

Closing: 30 Day, Fast close with streamlined processing, minimal documentation and paperwork.

Rates: Competitive Rates determined deal-by-deal, based on loan amount, credit profile, property type.  Generally our pricing is somewhere between banks and hard money but with lower monthly payments!

We do not lend on raw land, vacant properties, rehabs or construction projects. 

A PERFECT alternative to bank’s rigid lending guidelines and excellent fit for the self-employed borrower or those with slightly less than optimal credit scores; 

• NO TAX RETURNS
• NO PROOF OF INCOME
• NO PERSONAL DEBT SERVICE COVERAGE REQUIREMENTS
• NO INCOME VERIFIED
• NO ASSETS VERIFIED (for purchase will verify down payment)
• NO YTD PROFIT & LOSS
• NO W2s
• NO PAY STUBS SS
• NO 12-24 MONTHS BUSINESS BANK STATEMENTS
• NO 4506 
• NO BALLOON PAYMENT  
• NO MAXIMUM NUMBER OF PROPERTIES OWNED  
  NO EMPLOYMENT VERIFICATION

OK FOR SALARIED/W2’D BORROWER

MINIMUM 650 MID FICO SCORE

[David Morgan]

Seeking funding for Single and Multi Family properties in East TN with each property approx. 50K-75K with

10K-15k of rehab and a net profit of 20K-30K. Let me know what you can do.   [e-mail]

Also looking for funding for

commercial 2 duplex 6 unit property 200K making $32,400 yearly with $13,300 in approx. expenses.

[Jamie A Wilson]

Hi David,  I'd like to speak to you about these 2 deals you have.  Please call me at 954-328-5697.  Thanks!!

Jamie Wilson