Stated Income Loans for Apartments & Commercial Properties

Stated Income Small Commercial Lending – Nationwide
– Loan Amounts up to $5,000,000
– Loan Purpose Purchase, Refinance, Cash Out
– Property Types
Class I: Multifamily (5+ Units) & Mixed-use
Class II: Office, Retail, Warehouse, Self-Storage, Automotive Services
– Debt Service Ratio Class I: 1.20x / Class II: 1.25x
– Loan to Value Class I: 70% / Class II: 65%
– FICO 650 mid score
– Fixed Period 3 & 5 year options, see below for adjustable info
– Terms 30 year fully amortizing / 30 year loan

Stated Income 1 – 4 Rental Units Investor Mortgage Loans – Nationwide
– Loan Amounts up to $1,000,000
– Loan Purpose Purchase, Refinance, Cash Out
– Property Types: Investor 1 – 4 Rental Units
– Debt Service Ratio 1.20x
– Loan to Value Max 70%
– FICO 650 mid score
– Fixed Period 3 & 5 year options, see below for adjustable info
– Terms 30 year fully amortizing / 30 year loan

Adjustable format
– WSJ Prime + 4%, Caps 2% first adjustment then 1% per period
– 2% yearly max – 6% life cap over start rate

Highlights of Program

• No Tax Returns
• Loan turned down by other lenders
• Perfect for self-employed
• Common sense underwriting
• Permanent financing, No balloons
• Quick Closings

For more information, contact us at (310) 356-6500