True Asset-Base Lending, No Docs, FICO 650+, Publicly Traded Comp

[Danielle Rice]

Velocity Mortgage Capital is a nationwide, publicly traded, direct portfolio lender dedicated exclusively to providing investment property loans for residential 1-4, multi-family, mixed-use and small commercial properties.

Through our programs, mortgage brokers gain access to a $267 billion business opportunity in a widely untapped market with fewer competitors and clients with repeat business potential.

By focusing more on the property's value and revenue-generating potential rather than the borrower's personal income and credit, our asset-based investment property loans enable brokers to meet the unique needs of real estate investors who are tough to qualify, including W-2 employees, self-employed entrepreneurs, and small business owners.

Because every borrow, even the extraordinary one, deserves an opportunity.

General Guidelines

• Purchase & Refinance (rate-term & cash-out)
• Min: $75K - $5MM
• Up to 75% LTV
• Based on property value, not personal income
• Interest Only options
• Rates as low as 5.24%
• Foreign Investor OK
• Rate Buydown options
• Broker friendly - minimal paperwork!

***All loans are NO INCOME VERIFICATION, NO W-2, NO PAY-STUBS, NO 1040, NO 4506-T, NO SEASONING REQUIREMENTS***

4 AVAILABLE PROGRAMS

1. FLEXTERM | Designed for investors seeking short-term, cash flow, and investment capital needs to long-term, buy-and-hold investment financing options

Key Features

• Property Types: SFR, 2-4 Units, Condos, Multi-Family, Mixed-Use, Office, Retail, Warehouse, Self-Storage, Daycare, Auto-Services
• Max LTV 75%
• FICO ≥ 650
• Great for qualifying W-2 and self-employed investors• Best alternative to hard money loans
• Fully amortized 30-year fixed, with a 3-10 year interest-only option (fully amortized following initial interest-only period
• First time buyers are ineligible for 1-unit properties
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2. FAST50 | Designed for investors with derogatory credit issues and high equity seeking quick and easy credit qualification - think FlexTerm with lower rates and more wiggle room

Key Features

• Property Types: SFR, 2-4 Units, Condos, Multi-Family, Mixed-Use, Office, Retail, Warehouse, Self-Storage, Daycare, Auto-Services
• Max LTV 50%
• FICO ≥ 650
• Great for qualifying W-2 and self-employed investors
• Best alternative to hard money loans
• Fully amortized 30-year fixed, with a 3-10 year interest-only option (fully amortized following initial interest-only period
• Great for borrowers with a recent bankruptcy or notice of default
• No seasoning of ownership required
• Derogatory mortgage history is OK
• First time buyers are ineligible for 1-unit properties
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3. FLEX I/O | Designed for investors seeking short-term financing with no prepayment penalties.

Key Features

• Property Types: SFR, 2-4 Units and Condos
• 24 months, interest only
• Max LTV 75% (First Time Investors 70%)
• FICO ≥ 675
• Down payment must be sourced
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4. ARV PRO | Designed for "fix-and-flip" investors who are seeking a short-term, interest-only loan to acquire and improve a property based on its "as repaired value" (ARV).

Key Features

• Property Types: SFR, 2-4 Units and Condos
• 1 year, interest only (6 month extension for 1% fee)
• Max LTC 80% / LTARV 75% (First Time Investors 70%)
• FICO ≥ 650• Down payment must be sourced
• Allows borrowers to finance improvements
• Great for borrowers who need a quick close
• Higher LTV than hard money lenders

Message me here or shoot me an email at [email protected] with your questions. :)