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Stated Income/Stated Asset Program

• Loan amounts from $100,000 to $750,000
• Borrow up to 70% LTV
• Up to 30 year fixed rates & terms
• No tax returns required
• Owner Occupied Commercial Properties Only

Ideally Suited for Borrowers

• Unable or unwilling to show tax returns
• Unable to secure a loan through a bank or traditional lenders because of self employment or lack of documentation

Loan Program Highlights

• Borrow up to 70% of your property value
• Allows for cash businesses
• No tax return or financial statements required for underwriting
• Focus on property value and personal credit
• Flexible underwriting
• Streamlined documentation and application process
• 24 - 48 hour pre-approvals, typically closes within 45 days

Credit Requirements

• Minimum FICO score of 680+

Financing Type Options

• 5, 7, 10 year fixed then adjustable

• Fixed rate

Loan Terms

• 15, 20, 25 and 30 year fully amortized

Fees

• $1215 Lender Fee
• All third party costs including Appraisal, Title, Environmental Insurance and Survey (if required) to be paid by borrower
• 1% Loan Origination Fee

Questions? Want to discuss your transaction?
Call us 215.489.1829

No Tax Returns Required

Are you self-employed or unable to document your income? Do you run a cash business? Have you been turned down by a bank because of documentation? We have a loan program that is tailored to meet your specialized commercial financing needs. Our stated income/stated asset mortgage program is designed to give you fast pre-approvals, quick closings and less paperwork hassles along with flexible payment terms.

Our Advantages

  No Application Fee

  Simplified Application Process

  Quick Approvals

  Fast Funding

  Multiple Financing Options

  Flexible Payment Terms

  No Restrictive Loan Covenants


MORTGAGE LINKS

Stated Income/Stated Asset Program

Full Documentation Program

Approved Property Types

Pre-Qualification Form

Ready to get started . . .

APPLY NOW!

Some loan types may not be available in all areas. Loan programs are subject to change without notice. All loan programs are for business purpose and are commercial loans only. Questions or to discuss your transaction - Call us today 215.489.1829

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