TRUE NO DOC FINANCING
Residential – Multifamily – Mixed Use
No Documentation – No Assets – No Income – No Minimum Credit Score
True No Doc Financing Program
FAST, EASY CLOSINGS!
PROGRAM #1 – “Standard” No Doc Financing
NATIONWIDE FUNDING, Except : AZ, MN, ND, NV, OR, SD, UT, VT
PROGRAM HIGHLIGHTS
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$200,000.00 – $20,000,000.00 Loan Amounts!
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No minimum qualifying credit score!*
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1 Year Term!
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Type properties includes: Single family, 2-4 units, condo’s, townhomes, multifamily 5+ units and mixed use!
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Up to 55% – 60% LTV!
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No bank statements!
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No tax returns!
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Prior foreclosure / bankruptcy OK!
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Prior late payments OK!
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No verification of funds!
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Must close in the name of a domestic LLC or Corporation!
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No prepayment penalty!
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Foreign nationals also qualify for funding!
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Appraisal is required and ordered by lender!
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Refinance transactions must close with lenders designated attorney! Purchase transaction can use closing agent as cited in purchase contract!
“THIS PROGRAM DOES NOT PROVIDE RENOVATION FUNDING”
“All transactions reviewed and approved on a case by case basis”
*Credit report is reviewed to determine final interest rate offer – not for qualification purposes.
PROGRAM #2 – “Premier” No Doc Financing
NATIONWIDE FUNDING, Except : AZ, ID, MN, ND, NV, OR, SD, UT, VT
PROGRAM HIGHLIGHTS
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$200,000.00 – $10,000,000.00 Loan Amounts!
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Minimum 660+ qualifying credit score!
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Seller Held Financing Allowed With Minimum 10% Downpayment!
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75% LTV on purchase transactions!
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Up to 75% LTV on cash out refinance!
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REHAB FUNDING ALLOWED for single family, 2-4 units, multifamily and mixed use properties. REVIEWED ON A CASE-BY-CASE BASIS!
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For multifamily 5+ units and mixed use properties, minimum 70% current occupancy required!
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30 Year Fixed Rate OR 5 Year Interest Only!
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Type properties includes: Single family, 2-4 units, condo’s, townhomes, multifamily 5+ units and mixed use!
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No bank statements!
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No tax returns!
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No Income Docs!
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No verification of funds!
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No Ratios!
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No prepayment penalty!
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Seller contributions to buyers closing cost OK!
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Foreign nationals also qualify for funding!
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Appraisal is required and ordered by lender!
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Refinance transactions must close with lenders designated attorney! Purchase transaction can use closing agent as cited in purchase contract!