Three Ways To Simplify Hard Money Loans

- Income is said and never verified.
- Purchase, fee and time period, or money out refinance. Undocumented aliens with ITIN numbers are usually not allowed below this program.
- Documented ability to repay may be applicable beneath sure eventualities.
- US citizens, permanent resident aliens, and overseas nationals with legitimate passport and US visa are allowed.
- $5,000,000 maximum mortgage quantity.
- 500 minimum credit score rating required.
- As much as 65% loan-to-worth for cash-out refinances (see guidelines).
- SFR, PUDs, condos, townhouses, and 2-four items allowed.
- Owner-user, second house or investment properties.
- Blended-use residential property with commercial affect allowed on case-by-case basis.
- $100,000 minimum mortgage quantity.
- Up to 70% loan-to-worth for purchases and fee/time period refinances (see pointers).
- No reserves required.


- All loans require impounding of property taxes and hazard insurance. - Property should be positioned in the State of California.
- No prepayment penalty.




To obtain underwriting pointers

for our arduous money mortgage program:
- Out there as a 5/1 ARM or 7/1 ARM only, amortized over 30 years.

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