Business Purpose Special

•  Minimum FICO 550
•  All Mortgages must be current at time of submission!
•  No open BK’s
•  100% No income stated or verified (leave blank on application)
•  Par or 1 Point options available with Pre Pay Protection
•  No Pre Pay options will be given to every borrower
•  Residential O/O & N/O/O – Business purpose only (AZ, CA, CO, OR, UT, WA & TX)
•  Multi-Family, Mixed use, Office & Retail (AZ, CA, CO, OR, UT, WA & TX)
•  Loan amounts from $100,000 to $1,000,000 (call for pricing if out of this range)
•  Non Fannie / Freddie approved condos – OK
•  Purchase 70% MAX – Refinance 65% MAX
•  Must be in major metropolitan area.

o If Rural or Commuter, call for pricing!

•  Property must show “pride of ownership”!!

o If Rehab or Finish Construction, call for pricing!

No “High Vacancy” factors on Commercial Properties. If property has high vacancy factor, call for pricing.

To Submit a Loan for a 4 Hour Approval:

1. Fill out submission form

2. Email the following

a. Sub form completely filled out

b. 1003 completely filled out

c. Credit report

d. Accepted purchase agreement (if a purchase)

3. You will get an approval in 4 hours or less

Promotion expires 4/17/15!!! 

MUST EXECUTE 5 DAYS AFTER APPROVAL IS ISSUED or lose special pricing!!!