If your transaction is located in any of the states listed below we can offer you a true fixed 30-year mortgage without income or employment documentation or verification:
Condotel Loans
Rents Only to Qualify
- Loan amounts $2+ million
- Up to 75% Max LTV on Purchase and 70% Max LTV on Refinance
- 575 or greater credit scores
- No minimum square feet/Mixed Use/Apartment conversions acceptable
- Resort, Airbnb, Short Term and Daily Rentals acceptable
- All Resort locations
- Business Purpose/Investments only
- Short Term Rental Ledgers to Qualify
- LLC and Corporate closings available
Fix & Flip
- Up to 90% coverage of purchase
- 100% of rehab costs
- No Prepay
- Cash-out for renovations, consolidate business debt, lower interest rates
- 80% LTC
- Up to 80% LTV
- ARM and Fixed rates available
- $1,000,000 - $30,000,000
- LLC and Corporate closings available
- Available on SFRs, 2-4 Units, Condos, Townhomes, Condotels, Non-Warrantable Condos, Mixed Use, and Multi-Family Apartments
- No reserves required
- Non-Owner Occupied only
Vacation Rentals
Rents Only to Qualify
- Loan amounts $2+ million
- 75% LTV for Purchase, 70% LTV for Cash-out Refinance
- Available on SFRs, 2-4 Units, Condos, Townhomes, Condotels, Non-Warrantable Condos, Mixed Use, and Multi-Family
- 575 or greater credit scores
- Qualify on cash flow - reserves required for negative rents,
cash-out can be used to cover reserves - LLC and Corporate closings available
- Qualify on cash flow - 12 months
- Non-Owner Occupied Only
- Resort, Airbnb available/Short Term Rental O.K.
- No reserves required ≤ 75% LTV
- No income, job, or employment verification required
- ARM and Fixed rates available
Investment Properties
Rents Only to Qualify
- Loan amounts $2+ million
- 80% LTV for Purchase, 75% LTV for Cash-out Refinance
- 575 or greater credit scores
- 1 to 4 Unit Properties, Mixed Use, and Multi-Family Apartments
- Qualify using Rents (cash flow)
- LLC and Corporate closings available
- 575 or greater credit scores
