75% LTV loan for Investment Properties SIVA 1-4 units and Apartments

75% LTV loan for Investment Properties SIVA 1-4 units and Apartments75% LTV loan for Investment Properties SIVA 1-4 units and Apartments

See rate flyer below. Low fico OK. Loan amounts will be from $75K to $5,000,000. Need 1003, credit report, 3 months complete bank statements all pages, Need to show 4 months reserves which can be an unseasoned gift, No personal financials, and your choice fund as individual or Corp. Choose a loan term 12 months to 4 years. I/O payment. For loans outside of California add 1% to the rate. 75% LTV loan for Investment Properties SIVA 1-4 units and Apartments.

Non owner investment loan only. CA, AZ, WA, TX, Oreg, CO, UT & FL only properties.

Our loan products allow borrowers to simply state their monthly income on a mortgage application instead of verifying the actual amount by furnishing pay stubs or tax returns. This simplified method is intended for self-employed borrowers with complicated tax schedules. This loan has become more widespread, often because borrowers find this much easier to qualify for a loan by stating their income. See rate sheet and specific loan application below.

*************Flyer for Titanium Loan *************

List of Forms & Documents Required:

    1. 3 months complete bank/financial statements (to show 4 months reserves – no seasoning okay) 
    2. Declaration of Non-Owner Occupancy form Link to Document
    3. Letter of Experience form Letter of Experience
    4. Photocopy of valid ID
    5. Purchase Transactions – fully executed purchase contract
    6. Refinance Transactions – mortgage statement
    7. Insurance declaration page/quote for coverage
    8. 1003 Loan Application – use this printed 1003
    9. Credit report we will pull or if broker submitted need full 3 bureau 
    10. Borrower authorization Borrower’s Authorization 
    11. Borrower authorization To Wire Funds Authorization to Wire Funds
    12. Borrower authorization to run and pay for credit  Credit & Appraisal $$ Authorization Form
    13. SI form – Statement of Information SI Form – Statement of Information 
    14. If and only if needs:
      1. Is property is leased – provide lease agreements
      2. Title to be held in Corporation/LLC    Articles of Organization/Incorporation – Operating Agreement/Bylaws – need these supporting documents
      3. Property will require rehab, provide construction bid/plans (recently repaired supply list of repairs made)
      4. Property is leased and is more than 1 unit, nee rent roll Schedule of Real Estate Owned
    15. **To expedite your file organize bank statements separated by month in adobe format “.pdf”.

3 loan choices –

1st Choice the 1 year loan – Interest only payments for 12 month term with a balloon payment due at the end of the term.

2nd Choice – 2 year loan – Interest only payment for 24 month term with a balloon payment due at the end of the term. This loan has a minimum period of 15 months interest to be collected.

3rd Choice – 4 year loan – Interest only payment for 48 months term with a balloon payment due at the end of the term. This loan has a minimum period of 24 months interest to be collected.

75% LTV loan for Investment Properties SIVA 1-4 units and Apartments