Low Doc Business Purpose Loans Up to 80% LTV
Saturday, June 17, 2017 -
Article by:
Anna N. Ryan - Platinum Mortgage Company -
Check Out Other Niche Programs:
- NEW INTEREST ONLY now on our NON PRIME program
- NEW ITIN program
- NEW 12 month BANK STATEMENT program
- STATED (NO INCOME) to 2 MILLION
- NEW ATR in FULL with qualifying just on the assets alone - NO income & NO job verification - A NO DOC
- Loan amounts up to $3 MILLION
- Up to 90 % LTV NO MI (use 24 months of business or personal bank statements, or assets as income)
- Can use asset depletion income with bank statement or full doc program to get under 50% DTI
- Stated to 75% LTV non-owner (NO income verification)
- 1 DAY out of SHORT SALE, BANKRUPTCY AND FORECLOSURE OK
- No reserves required ON majority of our programs
- higher DTI's than conventional loans
- Gift of Funds OK for OWNER OCCUPIED and NON OWNER OCCUPIED (can be for FULL DOWN payment)
- Late mortgage payments in the last 12 months are OK
- Non-Owner or 2nd homes to 75% LTV Purchase and up to 70 LTV for REFI
- Stated owner occupied cash out for business purpose loan only
- Non-warrantable condo's (loans for condo's that Fannie and Freddie will NOT purchase)
- No pre-payment penalty on all programs & INTEREST ONLY option
- FICO scores down to 500 (and below on exception)
- Can finance someone who owns 20 properties!
- going up to 75 LTV on our STATED (No income verification) loans
- going up to 75 CLTV on our 2nd MTG product
- going up to 75 LTV on our 2nd HOME product
- going up to 70 LTV for our TRUE FOREIGN NATIONAL program - STATED
- STATED NO INCOME FOREIGN NATIONAL now to 2 MILLION
Our goal is to find you the best financing available to save the most money. Just ask the experts at PMC. Email your scenario to info@pmccanhelp.com.
Make sure to visit our website: www.pmccanhelp.com
FOR A FAST PRE-APPROVAL: Complete a loan application on our website APPLY ONLINE
Job Opportunities? PMC has been a premier CA, OR & WA brokerage for since 1989. Visit our Careers website and apply online today! www.pmccareers.com
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