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Updated almost 6 years ago on . Most recent reply

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Josh Barker
  • Pittsburgh, PA
0
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12
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No or low doc refinancing recommendations

Josh Barker
  • Pittsburgh, PA
Posted

Hey there I’m looking to move the needle forward on another property but I haven’t completed my taxes yet (filed an extension). Does anyone have any recommendations on a low or no doc lender for refinancing since I’m completely self employed.

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241
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Mike Burkett
  • Lender
  • Colorado Springs, CO
97
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241
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Mike Burkett
  • Lender
  • Colorado Springs, CO
Replied

@Josh Barker  I'm assuming you are refinancing a rental property?  If you don't show sufficient tax return income or you have been self employed less than 2 years, low doc commercial loans are available.   The property will need to cash flow sufficiently to support the loan and your will need cash reserves and a good credit score.

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