No Income, Verified Asset Loan for Investment and Owner-Occupied Properties.
700 mid FICO, SFR's, 1-4's, Condos and PUD's
Terms: 5/1 ARM, 30 year term from 4.875%
Purchase: 70% LTV to 2.5M, up to 25% of the down can be gifted.
Refinance: 65% LTV to 2.5M,
Cash out: up to 60% LTV to 2.5M.
Reserves as low as 6 months. Less than 30 days to close.
Employer and income to be left blank on application.
No maximum number of properties financed or owned.
No maximum acreage on non-agricultural properties.
Foreign national ok, no Social Security or US status needed
Available: CA, TX, WA, IL, NY and NJ.
Fees: 2.5 points + $845 processing in the transaction.
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