Asset Based Lending - No Income Requirement - No DTI Requirement

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Asset Based Lending - No Income Requirement - No DTI Requirement

Lender · Austin, TX · Member since 2016 · 93 posts · 11 votes

We are constantly adding new loan products that are designed exclusively to match investors' needs, whether you're looking to purchase or refinance. Also, please remember that all our loans are based primarily on the property as it is now, so we do not check income. If you do have a good credit score, we have reduced rates available. We lend on single family (1-4 Units) rent ready properties.

  • Rental Loans Available (NO Employment Verification, NO Sourcing of Funds, NO Income Verification, NO Tax Documents)
  • 650 Min. Credit Score
  • Close in Weeks, not Months
  • Interest Rates Starting at 6.5%
  • Up to 75% LTV on Purchases & Re-Finances
  • Buy and Hold Products (30-Year Amortizations)
  • Min. Loan Amount: $45K, Max Loan Amount: $1 million, depending on loan product
  • No Sourcing or Seasoning of Funds
  • 30-Day Seasoning on Refis
  • 0% Origination Fees on loans $150,000+
  • 12 Month IO w/no Prepayment Penalty
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  • Rental Property Investor · NY · Member since 2013 · 844 posts · 350 votes
    8y

    @Michael Oakley does your company lend in ny state? 

    On a portfolio refinance what is the per property minimum value?

  • Lender · Austin, TX · Member since 2016 · 93 posts · 11 votes
    8y

    Hi Eddie,

    Yes, we do lend in NY, and the minimum property value on a portfolio refinance is $80,000

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