Bank turned you down? Try a bank alt loan!

[Jim Lally]

If you've been turned down from a bank for whatever reason there is an alternative!  We specialize in lending to those who may struggle with securing bank financing.  Those with credit scores down to 500 qualify!  Please refer to the details of our bank alt lending program below:

Low Doc/Stated Program

• No Income Stated or Verified
• N/O/O Only (SFR, Condo/Townhouse, 2-4 Units, Mixed-use, Office, Retail)
• $100,000 - $2,000,000 Loan Amounts (see our Hard Money Product for larger loans)
• 30 year amortization – 3, 5 or 7 year Fixed Term available
• Interest rates range from 7-10% depending on borrowers fico and LTV
• Prepayment Penalty Ranging from 1- 3 years
• Up to 75% Purchase with a 650 FICO
• Up to 70% Refinance with a 650 FICO
• FICO down to 500 with LTV Restrictions
• Interest Only Options Available
• No Reserves Required
• 1st time Home Buyer OR Borrower that Rents their Primary – OK
• Lender allows Gift of Funds and Non-Seasoned Assets

Foreign National Program: NO Proof of Income Necessary. NO SS Necessary. NO Citizenship Necessary. NO Green Card Necessary. Borrower MUST have established U.S. Credit Must be N/O/O (Non-owner occupied) Money in Foreign Banks or Offshore Accounts OK. 70% LTV Financing Available Purchases & N/O/O 65% LTV Financing Available Refinance – Stated. 65% LTV on O/O with ITIN# and proof of ability to repay. Only Requires a Passport. Loans from $100,000 to $5 Million (exceptions considered on higher loan amounts). Eligible Property Types: Residential SFR, Condo 2-4 Units, Non Warrantable Condos and Condotels OK, Multi-Family, Mixed Use, Office & Retail Hard Money Bridge Product SFR, Condo/Townhomes, 2-4 units, Multi-family, Mixed Use, Office & Retail N/O/O only (Residential properties) Purchase and Refinance Up to 70% LTV with a 650 FICO+ Loans from $50,000 to $10,000,000 FICO’s as low as sub 500 Terms 2 year I/O or a 30 due in 5 Rates from 8-11% depending on borrowers fico and LTV NO DSCR calculations for all residential properties! NO Income requirements! NO Impounds required! Please feel free to contact me anytime to discuss further.  I can be reached at [email protected] or 877-957-4357 x709