Stated Income, Verified Asset - Purchase or Refinance Loans
Fix and Flip or Long Term Hold - Loan Amounts to $2,000,000.
Commercial or Residential Loans for Non-Owner and Investment properties up to 75% LTV.
3 and 8 yr ARMs fixed then adjustable for remainder of 30 years.
1 yr FIX and Flip.
Over 650 FICO = 75% ARV (after repaired value)**
**finance part of the rehab!
No Income verification needed.
3 months PITI reserves needed post closing.
Long term hold Rates from 7.99%. Rate buydown available.
600 minimum FICO score required.
21 day close of escrow.
Interest reserve options.