AnnieMac Home Mortgage is excited to offer a No Employment/Income Verification Loan for Purchase or Refinance of Investment properties

AnnieMac Home Mortgage is excited to offer a No Employment/Income Verification Loan for Purchase or Refinance of Investment properties

Michael Lettre, Sr. Michael Lettre, Sr.

Michael Lettre, Sr.

Sales Manager & Mortgage Loan Expert

发布日期: 2018年10月27日
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The perfect loan for borrowers who acquired investments properties paying all cash or borrowers who used hard money loans to acquire real estate. No seasoning of title on cash out refinance.

 Program Features

  • Loans to 2.5 million
  • Purchase - LTV 80%
  • Cash out refinance - LTV 75%
  • Debt coverage ratio of 1.0 is used for qualifying
  • No borrower income or employment is stated or verified
  • 1 to 4 families only
  • Qualified based upon the cash flows of the subject property only
  • LLC or Individual ownership allowed
  • Minimum 600 credit score
  • 30 year fixed
  • Interest Only - 5/1 Arm
  • No seasoning of title
  • 1031 “like-kind exchange” allowed
  • NY CEMA allowed
  • Seller's concession up 3%
  • No prepayment penalty
  • And so much more….

           

 

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