Stated Income Verified Assets HELOCs to 50% LTV

By
Mortgage and Lending with RT Capital Advisors, Inc. CEO
 Stated Income Home Equity Line of Credit (HELOC) - Owner-Occupied, Non-Owner Occupied and Second Homes - SFR's, 2-4's and Condos.
620+ FICO needed. 
Loan amounts from $150,000 - $2,000,000. 
Up to 50% LTV to $1,000,000, 40% LTV to $2,000,000.
4.25% interest only start rate for the 5 year draw period, then 15 year amortization and 1 floating 
over WSJ Prime in 1st position or on free and clear properties or 
5.25% interest only start rate for the 5 year draw period, then 15 year amortization and 2 floating over WSJ Prime in 2nd position. 
18% lifetime cap.
3 monthly repayment options are available.
Must provide proof of 20 months of liquid PITIA reserves.

Available in the following California counties: Alameda, San Francisco, Santa Clara, Sacramento, San Mateo, Orange, LA and San Diego. And in New York (except Nassau and Suffolk counties), Nevada (Clark County only), MA, WA and GA.
Posted by
Bob Thompson
Chief Executive Officer
Lending Advisors providing unique access to Hedge Funds, Private Money, Private Party, REITs, CMBS, Community, Regional & Global Bank niche mortgage products nationwide.
RT Capital Advisors
1 (562) 344-LOAN

 

 

Comments (2)

Michael Thacker - Re/Max Real Estate Center - Louisville
Re/Max Real Estate Center - The Thacker Group - Louisville, KY
Your best friend who just happens to be a Realtor

Very interesting.

Nov 22, 2015 08:48 AM
Bob Thompson 562.344.5626 Alternative Documentation
RT Capital Advisors, Inc. CEO - Newport Beach, CA
RT Capital Advisors, Inc.- Commercial/Residential

Yes, it's a good loan product in Alameda, San Francisco, Santa Clara, Sacramento, San Mateo, Orange, LA and San Diego. And in New York (except Nassau and Suffolk counties), Nevada (Clark County only), MA, WA and GA.

I have other ALT Loan Products in KY, and nationwide! 

Nov 22, 2015 11:51 PM