True No Doc - No Income or Asset Documentation
No Income - No Assets - No Employment
No Income Documentation and No Employment History Stated on Application. This loan was designed for borrowers, Self-Employed Borrowers, W2 Wage Earner Borrowers, unemployed, retired, Day Trader, cash side business, doesn't matter. If you have a pulse and a good equity position, you're in
Income and Employment left Blank on the 1003 Uniform Application
Secure in your Approval
Direct lender- Lender Makes First and Final decision usually within 24 Hours and never requires Outside Investor Signature and over $100,000,000 to lend. Offering this specific No Doc loan programs
Product and Service
No Documentation | True No Doc
Additional loan features available to help fix gap in funding or fit nicely in the Investor filling in any unanticipated gaps in funding - Capital delivered 2 business days
Service:
Easy loan, smooth process, quick turn times, and fast closings. Investor programs closing in 4 business days
Loan Amounts: Loans down to $25,000 and up to $3,000,000 all No Documentation
Quick Close: Closing's average 10-15 business days from application to closing
Credit: Credit Scores Down to 500. No Score - OK
Loan Purpose:
- Purchase
- Refinance - R/T and Cash Out
- Title Seasoning for Market Value LTV. - 6 Months (6 months less than the "standard" 12 months)
Credit not really much of a factor. Cannot be late on any mortgage, Owner-Occupied, Investment properties
Purchase and refinance- 30-day seasoning for cash out using new appraised value
Available Terms
3-year loans for borrowers with longer-term exit strategy as well as traditional bridge funding for Investors
Closing in natural person name OR business entity
We have many alternative income documentation loan programs available. Don't pre-qualify yourself, consult a Mortgage Professional. 858-222-7534
Eligible Borrowers: US Citizen, Foreign Nationals, Resident Alien, Non-Residential Aliens
Underwriter Notes and Highlights:
Cross-collateralization - OK
Non-Occupant Co-Borrowers - OK
First Time Home Buyer (FTHB) - OK + (reduce maximum LTV 10%)
Additional Reserves for Real Estate Owned (REO) - Not Required
Bridge Funding for Investors
Available in the Following States
Arizona, Alabama, California, Colorado, Florida, Georgia, Illinois, Louisiana, Maine, Maryland, Mississippi, Nevada, North Carolina, Oregon, Pennsylvania, South Carolina, Texas, Virginia, and Washington