No Income Verification means that you are getting a true stated income loan with no 4506, tax returns, paystubs or other income verification.
Our program allows for up to 25 million dollar loan amount and 90%
loan to value.
Some of our programs have No income, no employment, no reserves, NO minimum DSCR calculations.
Loan Program Highlights:
- True stated commercial & NOO
- LTVs up to 80%
- Loans from $200K to $5 Million
- Amortizations up to 30 years
- Most property types eligible
- No seasoning requirements
- Cash-out OK
This loan is based mainly on your self employment history, minimum 2 years required and you will not have to establish prove your income. These programs are for business men and women who need a alternative type of income verification.
These people usually rent because they don't claim nearly what they actually make. These borrowers are ripe for the no doc applications and may benefit greatly by utilizing them for a refinance or purchase mortgage loan.