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Brian Napierala's Answers


Are stated income loans required for 1099 independent contractors?
We offer Stated Income loans at Velocity, truely stated, but only for Non Owner Occupied properties. Feel free to reach out if you have any additional questions or want to explore scenarios
refi limit to 4 properties in Interest only mortgage
I can't help with the I/O option, but at Velocity, we will finance 10 properties per borrower. We only offer Stated Income financing. If you would like to discuss further, reach out to bnapierala@velocitycommercial.com
No Income Tax, W2, Paystubs Loan available Now!! Does it work in Connecticut ?
Yes it does, as well as most of the US, for Investment property, Multi Family, Mixed use & CommercialNo Tax Return, No W2, No 4506, No pay stub818-338-9558 ask for Brian
How long do I have to wait after a short sale to get a mortgage..
Depending on how your overall credit looks, we, at Velocity, will consider a new mortgage, 12 months after a foreclosure.We are a Stated Income lender and we lend nationwide
Does one need a real estate license to bring a person seeking a commercial loan and a lender/investor together?
We have relationships with either a licensed broker or LLC (varies from state to state, based on property location)

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