What is a Investor No Doc Loan?
Allows an investor to purchase or refinance a home without jumping through all the hoops of providing income doucmentation. It's based solely on the merit of the credit score of the client and LTV. It is ideal for investors with multiple properties or an investor who doesn't want to go through the headache of documenting income.
75% LTV up to a loan amount of $2,000,000.00 with a FICO score as low as 660
70% LTV up to a loan amount of $2,000,000.00 with a FICO score as low as 660 for 2-4 Units
70% LTV Rate and Term and Unlimited Cash Out refinances available
Reserve requirements are 6 months PITI up to a $1,500,000.00 Loan amount, anything above requires 12 months PITI
Cash Out can be used as reserves
Cash Vest in LLC or Corporation
Apply Now For True Stated Income