Stated Income / Verified Assets -Minimum Credit Score – 660
Maximum Financing 70% LTV
Self-Employed Income Documentation *Form 4506-C Not Required
Loan Amounts:
* $200,000 Minimum Loan Amount
* $5,000,000 Minimum Loan Amount
Eligible Occupancies:
* Primary / Owner-Occupied
* Second / Vacation Home
* Investment property / Non-Owner Occupied
Gross Sales for Investment properties
For Self/Employed – Gross Income amount utilized to calculate debt ratios
Eligible Property Types:
* Single Family Residence (SFR)
* Condos <4 stories
* Townhomes
* 2-4 Units
Terms Available:
ARM 30 year amortized
Fix and Flip – OK
Cross Collateral OK
Available in the Following States:
Arizona, California, Colorado, Florida, Georgia, Idaho, North Carolina, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia, and Washington.
Reference – 124 526020315