REDUCED DOCUMENTATION SOLUTIONS

Are documentation requirements preventing your clients from getting the commercial loan they need?

We can make it easier for investors and business owners to secure financing – and easier for you to close more non-bankable deals in your territory.

PROGRAM PERKS FOR CREDIT-WORTHY BORROWERS:

  • No tax returns or 4506T required

  • Cash-outs available

  • No seasoning requirements

PROGRAM HIGHLIGHTS

LITE DOC INVESTOR: Best for investors who may not be able to disclose certain financial information or whose properties are more valuable than a tax return might show.

STATED OWNER-OCCUPIED: Best for owner-occupied transactions where the business owner has difficulty documenting their income for traditional lenders.

BANK STATEMENT: Best for business owners who prefer to prove their income by providing 12 consecutive months of business bank statements instead of tax returns.

LOAN AMOUNTS: Up to $2MM

INTEREST RATES: As low as 5.50%

MAX LTV: 75%

AMORTIZATION: Up to 30 years

PROPERTY TYPES: Multifamily, Mixed-Use, Office, Retail, Light Industrial, Warehouse, Self-Storage, Mobile Home Park, Daycare Center, Restaurant, Bar

LOAN PURPOSE: Purchase, Refinance, Cash-Out Refinance

PREPAYMENT: 5% for 5 years, 5% for 3 years, Declining (5,4,3,2,1)

OCCUPANCY: Investor and Owner-Occupied

BORROWER: U.S. Citizens, Permanent Resident Aliens, Legal Entities