Flexible terms, no income documentation required
This is an innovative, easy to qualify home loan product that offers investors a hassle-free way to secure home financing. It requires no income documents at all. The qualification and interest rate are determined on the basis of your credit history and the actual rental income available on the property. The loan comes with lower interest rates, longer financing terms, and higher loan-to-value (LTV) ratios. With fewer red flags and fewer hoops to jump, this loan is extremely advantageous for real estate investors.
Highlights
Ideal For
Highlights
- Available only for Investment Properties
- 30 year fixed on amortization available
- LTV up to 85%
- Available in both Fixed/Adjustable rates
- Interest Only Option Available
- Available for Foreign Nationals too
No cap of total transactions (Can qualify when a borrower has over 10 residential mortgages on credit report)
Ideal For
- Investors who do not qualify for other mortgage products due to missing or insufficient income proofs and tax documents.
- Investors who has over 10 mortgages under their names and don’t qualify with Fannie or Freddie programs
