Flip Your Hard Money Laons Right Into A High Performing Machine
- Earnings is said and never verified.
- Purchase, price and time period, or cash out refinance. Undocumented aliens with ITIN numbers are usually not allowed below this program.
- Documented ability to repay may be relevant underneath certain situations.
- US citizens, everlasting resident aliens, and international nationals with legitimate passport and US visa are allowed.
- $5,000,000 maximum mortgage amount.
- 500 minimum credit rating required.
- Up to 65% mortgage-to-worth for money-out refinances (see pointers).
- SFR, PUDs, condos, townhouses, and 2-4 items allowed.
- Proprietor-user, second residence or funding properties.
- Mixed-use residential property with industrial affect allowed on case-by-case basis.
- $100,000 minimum loan quantity.
- As much as 70% mortgage-to-value for purchases and charge/term refinances (see pointers).
- No reserves required.
- All loans require impounding of property taxes and hazard insurance. - Property have to be situated within the State of California.
- No prepayment penalty.
To obtain underwriting tips
for our Hard Money Laons money mortgage program:
- Available as a 5/1 ARM or 7/1 ARM solely, amortized over 30 years.
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