Low Doc Rental Loans

[David N.]

I have low doc rental loans with long term financing options

I can offer 5/1 fully amortizing ARMs or 30 year fixed terms. I can go has high as 85% LTV on a purchase, and 75% cash out refinance for single family. I can also do 75% LTV on a multiunit purchase, and 70% LTV on a cash out multiunit property. We can close in 5-10 days after we receive the appraisal. It's a very easy process to close on these loans.

Purchase

• Property Application – signed and dated
• Purchase contract (complete with all addendums)
• Copy of earnest money check
• 2 months of bank statements
• Copy of an identification
• Articles of incorporation and operating agreement for entity (if applicable)

Cash Out Refinance:

• Property Application – signed and dated
• Copy of an identification
• Copy of the current lease agreement
• Articles of incorporation and operating agreement for entity (if applicable)

Rate and Term Refinance:

• Property Application – signed and dated
• Copy of an identification
• Copy of the current lease agreement
• 2 months of bank statements
• Articles of incorporation and operating agreement for entity (if applicable)

Let me know if you have additional questions.

Best,

David Nunez

Constructive Loans, LLC

Business Development Consultant

1801 S. Meyers Road Suite 210 | Oakbrook, IL 60181

(312) 628-1162 Direct

[email protected]