Hot Loan Product #7

Hot Loan Product #7

NO DOC at 70% to 75% for the investment purchase or refi. This is for SFR, 2-4 units, and condos. It is similar to a SISA. California only for this product.

Your Industries best 30 Year NO DOC LOAN. No Income – No Asset and No Reserves. Hot Loan Product #7.

NO DOC at 70% to 75% for the investment purchase or refi

Call it No Doc or Stated income Stated assets “SISA” Low or No Fico okay with us.

Rates Start at 6.55% to to 9.34%. Loans to $2M for a 30 year loan with 30 year amortization. 

If you do not fit in the grid below, rates are from 9% to 12.5% and terms up to 5 years. Call us.

NO DOC. 70% to 75% for the investment purchase or refi. no-doc-real-estate-loan

For 639 and below fico scores the rates are from 9% to 12.5% and terms up to 5 years. 

List of Forms & Documents Required:

  1. Borrowers Address Certification  Form Link
  2. Borrowers Cert of Business Purpose Loan Form Link 
  3. Borrowers hand written letter of Exit Strategy – need to incorporate items 1-3 below (required for most loans) 
    1.   Purpose of the loan
    2.  How the borrower can make payments on the new loan/ability to repay
    3. Exit strategy to pay off the loan
  4. If over 65 years of age need Letter from Attorney or Doctor that borrower is of sound state of mind
  5. Photocopy of valid ID
  6. If title to be held in Corporation/LLC    Articles of Organization/Incorporation – Operating Agreement/Bylaws
  7. Purchase Transactions – fully executed purchase contract
  8. Refinance Transactions – current mortgage statement
  9. If property is leased, provide lease agreements
  10. If property is leased and is more than 1 unit, rent roll Schedule of Real Estate Owned
  11. Insurance declaration page/quote for coverage 
  12. 1003 Loan Application – use printed 1003 leave liabilities blank. 
  13. Credit report we will pull or if broker submitted need full 3 bureau – but we still have to pull it
  14. Borrower authorization Borrower’s Authorization
  15. Borrower authorization to run and pay for credit  Credit $ Authorization Form
  16. Borrower authorization To Wire Funds Authorization to Wire Funds
  17. SI form – Statement of Information SI Form – Statement of Information
  18. How do you want to hold title Vesting Form For Borrower
  19. Social Media disclosure Social Media Disclosure
  20. **To expedite your file organize documents in adobe format “.pdf”.

Abbriviated List Of The Most Popular Loans We Offer :


If you like fast, honest answers call us or fill out the loan request form .

DRE 01105429 (NMLS# 469849) | Phone: 310-737-8420 | Fax: 310-496-6196

Equity Development | 22287 Mulholland Highway Suite 198, Calabasas CA 91302

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