Stated Income/Non Recourse

IDEAL FOR

• Borrowers who are unable or unwilling to show personal tax returns
• Borrowers who are unable to secure a loan through a bank
• Great for self employed borrowers

PROGRAM BENEFITS

• No persoanl liability
• Allows for cash businesses
• No tax return or financial statements required for underwriting
• Secondary financing allowed

PROGRAM HIGHLIGHTS

• Focus on property and credit
• Flexible underwriting
• Streamlined documentation
• Speed and ease

CREDIT REQUIREMENT

• Credit scores of 680+

ELIGIBLE PROPERTY TYPES

• Multi-family (5 + units) – Apartments
• Retail
• Office
• Mixed Use
• Warehouse
• Self Storage
• Trailer Park
• Light Industrial
• Automotive
• Special Purpose

LOAN TERMS

• 15, 20 and 30-year fully amortizing loans

ADVANTAGES

• No personal income verification
• Less paperwork
• Fast, easy approval process