When does a No Doc loan make sense for a real estate investor?
- Borrower reports lower income for tax reasons. Therefore, the No Doc Loan truly fits their needs!
- Borrower struggles to show consistent growth through tax returns.
- Borrower requires more flexibility than a bank can provide.
No Doc Streamline
Program Overview.
- Loan size: $100,000 to $1,000,000
- Purpose: Purchase, Refinance, Cash Outs
- Loan term: 5-Year ARM/30-Year Fixed
- LTV: Purchase: 75% | Refinance: 70%
- FICO: 700 (minimum)
- Amortization up to 30 years
A better process for real estate investors.
No income
verification required
Borrowers can qualify for commercial financing without providing tax returns, bank statements, or operating statements.
Easy
submission process
Borrowers can launch a transaction by submitting only a completed loan application and a credit report.
Call us today for a free consultation or click here to get pre-approved.
Thanks,
Michael Meyer
President Spartan Commercial Mortgage Services
mike@spartancommercialmortgage.com
(860) 876-0572