Owner Occupied Bail Out Loan
A foreclosure bailout may be a refinance transaction when the true purpose of the loan is to bail out the property owner from an existing property and lien that is in foreclosure. We offer a strict owner occupied bail out loan for this purpose. The term is no more than 12 months with the intention to sell. A bailout is a colloquial term for giving financial support to a company or country which...
Read MoreStated Income Home Equity Loans 2022
2020 stated income home equity loans. That is right we have this hard to find Stated Income Home Equity Loan. Right now it is only available in California. This loan can be in first position “1st”or in 2nd position on your property. Yes it is true you can get a stated income home equity loan on an owner occupied property. Stated income home equity loans are structured to assist...
Read MoreStated Income Self Employed Loans 2022
The number one loan for self employed borrowers was our Stated Income Self Employed Loan. These loans give the self employed borrowers the ability to buy properties that they could not have with a traditional bank. Self Employed Loans keep our process simple and much faster than traditional lenders. We use our make sense lending guidelines for our self employed borrowers. We understand self...
Read MoreAlt Doc Home Mortgages
The Alt Doc Home Mortgages is similar to the state income loan but may require some bank statements. Self employed borrower’s most always choose the Alt Doc Home Mortgage program. No tax returns required for the alt doc loans we offer. Some people have heard this called Alt A loans. The term Alt-A mortgage gets thrown around a lot, and for good reason. It’s kind of the generic term for...
Read MoreStated Income Residential loans and Commercial loans 2022
Stated Income Residential loans and Commercial loans is our specialty for 2022. With a stated income residential loan which can be a condo or 2-4 units is availble quick closings. The stated income residential loan does not require any tax returns or W2s. Credit is not usually an option with this loan product. Low fico scores can still get a stated income residential loan. These loans are...
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