Generally this stated income loan is for prime borrowers who are just outside the requirements set down by institutional commercial lenders.“No Income Verification” loans for borrowers looking to purchase, or refinance, investment commercial properties. No tax returns or personal income statements required.
|Interest Rates||As Low as 6.74%|
|LTV||Up to 75%|
|Lien Position||1st Trust Deeds Only|
|Loan Fee||1.5 – 3 Pts|
|Loan Amount||$100,000 and Up|
|Loan Term||3 or 8 year fixed, 30 year fully amortized|
|Closing Times||30 – 45 Days|