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Updated over 7 years ago on . Most recent reply

User Stats

93
Posts
11
Votes
Michael Oakley
  • Lender
  • Austin, TX
11
Votes |
93
Posts

Asset Based Lending - No Income Requirement - No DTI Requirement

Michael Oakley
  • Lender
  • Austin, TX
Posted

We are constantly adding new loan products that are designed exclusively to match investors' needs, whether you're looking to purchase or refinance. Also, please remember that all our loans are based primarily on the property as it is now, so we do not check income. If you do have a good credit score, we have reduced rates available. We lend on single family (1-4 Units) rent ready properties.

  • Rental Loans Available (NO Employment Verification, NO Sourcing of Funds, NO Income Verification, NO Tax Documents)
  • 650 Min. Credit Score
  • Close in Weeks, not Months
  • Interest Rates Starting at 6.5%
  • Up to 75% LTV on Purchases & Re-Finances
  • Buy and Hold Products (30-Year Amortizations)
  • Min. Loan Amount: $45K, Max Loan Amount: $1 million, depending on loan product
  • No Sourcing or Seasoning of Funds
  • 30-Day Seasoning on Refis
  • 0% Origination Fees on loans $150,000+
  • 12 Month IO w/no Prepayment Penalty
Offering

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