Stated Loans

COMMERCIAL STATED LOANS LENDING GUIDELINES

  • RATES FROM 6.49%
  • LOAN AMOUNTS: $100k-$5-mil.
  • MAX LTV: 75%
  • LOW DOCS
  • FOREIGN NATIONALS, OK!
  • NO INCOME/EMPLOYMENT VERIFIED
  • NO 4506/CPA LETTER
  • NO BANK STATEMENTS (Only on Purchases)
  • NO RESERVE REQUIREMENTS (3mths PITI if VACANT)
  • NO CASH OUT RESTRICTIONS
  • NO EXIT STRATEGY/NO EXECUTIVE SUMMARY
  • CAN FINANCE UP TO 10 PROPERTIES PER BORROWER
  • CAN VEST IN LLC/CORP
  • NO MAX NUMBER OF PROPERTIES OWNED
  • NO DSCR ON SFR’s
  • 30YR AMORTIZATION LOANS
  • NO BALLOON
  • N/O/O 1-4 units & COMMERCIAL PROPERTIES
  • NATIONWIDE LENDING PROGRAM
  • Min 630 Fico 

 

 

Property Types:        SFR, Townhome, Condo, 2-4 Unit, multifamily (5+ units), mixed use, office, retail, warehouse,  self-storage, automotive services

 

Investor 2-4 units,  SFR,  condo, townhouse:

Loan Amount:   ≤$1-mil. and  Max LTV is 70%

Loan Amount:   $1-mil-$2-mil. and Max LTV is 65%

Not Avail. in: AK, IL, MI, MN, ND, NH, SD, AND VT

 

 

Multi-fam (5+units) and Mixed Use properties:

Loan Amount: up to $5-mil.  and Max LTV is: 75%

Not Avail. in: MI, IL, ND, SD, TN AND VT

 

 

Office Buildings, Warehouses, Self-Storage, Auto Svs and General Retail

Loan Amount: up to $5-mil. and Max LTV is: 70%

Not Avail. in: IL, MI, ND, SD, TN AND VT

GET STARTED NOW!