All Forum Posts by: Brent Brentham

Purchase Program Highlights

➢ Up to 90% Int Only / 24 months

➢ Up to 2 million

➢ 600 credit score

➢ NO income / no asset / no bank statements

➢ NO seasoning or sourcing of funds

➢ Rates 8.5 - 10.5 based on experience

➢ Will escrow payments if desired

➢ Use any licensed appraiser / any title co or atty

➢ No DSCR

➢ Min Loan 150 K

NO Check stubs---No Income Verification---No DTI--Low Doc loan

No TAX RETURNS or 4506 required

NO SOURCE OR SEASONING of Funds

Up to 80% LTV on Purchases

Unrented properties OK

30 Day seasoning on Cash Out Refi's using the APPRAISED VALUE. Up to 75%LTV

Use your OWN Appraiser

Mayer- Yes LLC or personal name forth titling. rates run from 6-8%. credit score, DSCR and LTV are the three things that determine the rate. I also offer rate buy downs.

Purchase Program Highlights 

➢ Up to 75 % Int Only / 24 months 

➢ Up to 2 million ➢ 600 credit score 

➢ NO income / no asset / no bank statements 

➢ NO seasoning or sourcing of funds ➢ Rates 8.5 - 10.5 based on experience 

➢ Will escrow payments if desired 

➢ Use any licensed appraiser / any title co or atty 

➢ No DSCR

➢ Min Loan 150 K 

LTV's for Experienced Investors Will do purchase as follows:

• 10 or more transactions (purchase or flip)  in past 3 yrs / 90 % of purchase price

• 5 or more in past 3 years / 85 % of purchase 

• Seller can pay up to 6 % of closing costs

Mayer---yes, LLC or personal name. Rates run from 6-8.5%. Rates are tied to credit score and DSCR

Ned- In Baltimore I need a 100k minimum value per property, but if we are close to that figure I can ask for exceptions.  Plus property condition can supersede value if the value is close.

NO Check stubs---No Income Verification---No DTI--Low Doc loan

No TAX RETURNS or 4506 required

NO SOURCE OR SEASONING of Funds

Un-rented properties OK

30 Day seasoning on Cash Out Refi’s using the new APPRAISED VALUE. Up to 75%LTV

Use your OWN Appraiser

No ORIGINATION FEE option for loans over 150K

23-29 day closings. Close in Weeks, not Months

Collateral/Cash Flow driven underwriting

Refi while the property is for sale

SFR, 1-4 units and condo's unwarrantable and warrantable

5/1 & 7/1 ARM and 30-year fixed products. Portfolio loans to 7 properties per loan, Custom loans with Negative Cash flows available, all with 30 yr. amortizations

Short Term Rental loans (Air BnB, Home Away) available

NO Check stubs---No Income Verification---No DTI--Low Doc loan

No TAX RETURNS or 4506 required

NO SOURCE OR SEASONING of Funds

12 Month I/O bridge loan with no DSCR with built in extension--if needed

Up to 80% LTV on Purchases

Unrented properties OK

30 Day seasoning on Cash Out Refi's using the APPRAISED VALUE. Up to 75%LTV

Use your OWN Appraiser

VRBO, Home Away, Air BnB, etc... Purchase or Cash out  refinance using the gross rents from the unit.

SFR, 1-4 units and condo’s unwarrantable and warrantable

30 year fixed products,7/1 & 5/1 ARM, portfolio loans to 7 properties per loan, Custom loans with Negative Cash flows available, all with 30 yr. amortizations.

Up to 75% LTV on Purchases and 70% on Cash-Out Refi’s.

30 Day seasoning on Cash Out Refi’s using new APPRAISED VALUE if recently refurbished

Low Doc loan- No Income Qualifying

No ORIGINATION FEE option for loans over 150K

NO Income Verification and no DTI

No TAX RETURNS or 4506

NO SOURCE OR SEASONING of Funds

Expirenced investors only---

90% LTV purchase money. Interest only, 3 month pre-pay penalty. No Survey. No income qualifying. No source or seasoning of down payment.

Email or call for details

Brent

visio lending is great. no income verification no DTI. rates in the 7-9's. close in 17-25 days. 75%ltv