Real Estate Investor Program
no income or employment verification required
- Interest rate 4 – 6%
- Rental income be $1.00 more than PITI (principal, interest, taxes and insurance)
- No seasoning for cash out (if you bought a property with all cash, you can do a cash out the next business day – up to 75% LTV {loan to value}
Stated Income HELOC
(Home Equity Line of Credit) Program
- FICO 700+
- Up to 80 LTV (loan to value) for 1-family, 75% for 3-family
- Interest rate: prime (currently at 4.25%)
- For Homeowners who wishes to make the best use of your home equity
Foreign Nationals Program
no visa, SSN or credit necessary
- Interest rate: 4% - 7%
- 2, 5, 7, & 10 years ARM – 30 years fully amortization (IO available)
- 15 – 30 years fixed
- Can use POA to close or client can close in their native country
- eSign for most documents
- Loan amount up to $10 million
- Privacy mortgage (ideal for high net worth, public officials, actors athletes)
Church Financing Program:
available in all 50 States
- Loan amount $100,000 to $5 million; 20 years fully amortized
- No personal guarantees or prepayment penalties; No FICO
- Purchases, refinance, new construction, remodeling
- Building additions to add “day care, after school etc.” are welcomed
- Min. Plate $75,000 plate income AND 75 weekly attendees
- Financed amount cannot exceed three and one half (3.5) times the Churches last full fiscal year Gross Plate Income (tithes, offerings, building fund & general donations) OR 75% of the appraised value, whichever is less
- Net Income from an affiliated now operating day care center, kindergarten, church school, church senior centers can be included to qualify