Stated Income Loan
Loan Highlights and Qualifications
- Approved property Types: Residential properties such as; Investment Condos, SFR, 2-4 Unit.
- Commercial properties such as; Multi-family, Mixed-Use, Retail, Office, Warehouse, self-storage, & Auto Repair
- Self-Employed or Salaried Borrowers.
- Up to 80% Loan-To-Value.
- Minimum Fico Score is 650.
- 3 & 8 Year Fixed Rate ARM programs available each with principle & interest payments amortizing over 30 years. No Balloon Payments!
- No Tax Returns, No W2s & No Pay Stubs needed.
- Asset Verification IS required for Purchases, but NOT for Refinances
- Can close in the name of an LLC or Corp.
- Loan amounts ranging from $200,000-$3,000,000. (Exceptions made for higher loan amounts on a case by case basis)
- Conditional Loan Approvals issued within 24 hours
