Do any of the following situations illustrate your current lending or borrowing circumstances? If so, we might be able to assist with a No Income Verification Loan for your next Commercial Real Estate investment!
- You are self-employed but don’t show enough income to qualify for loans with a traditional bank?
- Are you a real estate investor with too many mortgages to be eligible for lending products with a traditional bank?
- Your credit score is too low to qualify with a conventional bank?
- You don’t want to pay rates and fees on hard money?
- Do you need to close on a property quickly without the hassle and extensive process of traditional bank loans?
Types of properties that are eligible for a No Income Verification Loan include:
- Investment Single Family Residences and Condominiums
- Multi-Family Properties
- Mixed Use Commercial Real Estate including offices, retail, warehouse, self-storage and Auto Services.
Financing Available:
- Refinance, Refi Cash Out and Purchase
- Up to 75% LTV depending on property type and location
Requirements:
630 Minimum Credit Score Required
W-2 or Self-Employed
Terms:
Standard 30 Year Term (3, 5, 7 and eight-year arm options)
$75k-$5M loan amount
Rates fluctuate between traditional banks and hard money rates.
If you have a project in the works and you don’t have time to wait for a traditional lender to give you an answer, stop waiting and fill out an application!