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Commercial Mortgage Stated Income Super Jumbo

Commercial Mortgage Stated Income

This Commercial Mortgage Loan Program Does Not Require Tax Returns or W-2’s

Credit Score: 660 Middle Credit Score

  • Loan Purpose:
  • Purchase
  • Refinance
  • Cash Out Refinance. Cash out can be used for any reason and is capped at 70% LTV

Loan Amount:

  • $250,000 minimum
  • Super Jumbo to $5,000,000 Maximum

Loan to Value:

  • 85% LTV Purchase Maximum
  • 80% LTV Cash Out Refinance Maximum

Eligible Property Types:

  • Multi-Unit >5 Units
  • Mixed Use
  • Automotive Services
  • Office Space
  • Self-Storage
  • Retail Store
  • Mobile Home Parks
  • Warehouse

Available Terms:

  • 3-Year ARM
  • 5-year ARM
  • 30-Year Fixed
  • 40-Year Fixed
  • 30-Year Fixed Interest Only
  • 40-Year Fixed Interest Only
  • No balloon note rolls into 6-month Libor ARM

Available in the Following States:

Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Kansas, Kentucky, Louisiana, Maine, Maryland, Michigan, Nevada, New Mexico, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, and Wyoming.

778091714369

Last Updated on 2 weeks ago by Broker Mortgages