$1,262,000 Office Cash-Out Refinance Loan Notes: Borrower unable to secure prompt bank financing Owner occupied 100% of Stated Owner-occupied program Qualified on market rent DSCR 1.1x+ 80% LTV No financials, tax returns or 4506T required 5-year fixed loan term and...
$820,000 Retail Cash-Out Refinance Loan Notes: Retail / office owner-occupied property Bank turn down due to lack of business income Qualified under the Bank Statement program Max LTV cash-out allowed Quick closing that allowed borrower to take advantage of another...
Loan Notes: Mixed-use investor property Bank turn down due to lack of income on TRs Lite Doc program Qualified on property’s DSCR 1.3x+ 70% LTV 5-year fixed loan term and 30-year amortization Broker earned 2% or...
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