CREDIT NOT AN ISSUE. NO INCOME VERIFICATION! TAX LIENS ON YOUR CREDIT, OK.
IF WE CAN’T GET YOU FUNDED WITH THIS LOAN, NO ONE CAN!
- Term: Up to 1 year
- Lending areas: DFW metro area
- Type of loan: Purchase or Cash out. For Investor loans only.
- Down payment: Not required. We can fund 100% of the cost of the property and the repairs.
- Closing costs: 6 months pre-paid insurance
- Standard title co. charges
- Points: 5
- Fees: Approximately $1300
- Interest rate: 12% to 14%
- Payment terms: Interest only, monthly.
- Credit score: No minimum!
- Pre-payment penalty: None
- Minimum loan amount: $60,000. Some exceptions.
- ITIN #: Accepted
- Appraisal: Done in-house. Payable in advance. $200
- Income: Not verified
- Items needed to apply:
- Last 60 days bank statements
- Contract if applicable
- Simple application, available on request
- Driver’s license. Soc. Sec. card if available or ITIN
- Credit report, all 3 bureaus with scores.
- Contact info for title company
OTHER ITEMS AND CONDITIONS WILL APPLY. TERMS SUBJECT TO CHANGE
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