All Forum Posts by: Copelon Kirklin

Below are some highlights:

- Stated Income
- Up to 70% LTV ( 75% LTV for Mixed Use and 5+ units )
- Non Owner Residential ( 1 to 4 units )
- Commercial – Retail, Office, Warehouse, Self-Storage, Automotive Service
- Foreign Nationals okay with U.S. Credit, Visa or Green Card and SS Card
- Loan amounts $100,000 to $5,000,000
- Rates starting as low as 8% (NO Lender points charged)
- No max on properties owned
- LLC's and Trusts are okay
- 650 Fico score

- Purchase Money ONLY

Please contact me with scenarios.

@Christine Neilson I can help with that if you're still seeking a refi Christine. 

Below are some highlights:

- Stated Income
- Up to 70% LTV ( 75% LTV for Mixed Use and 5+ units )
- Non Owner Residential ( 1 to 4 units )
- Commercial – Retail, Office, Warehouse, Self-Storage, Automotive Service
- Foreign Nationals okay with U.S. Credit, Visa or Green Card and SS Card
- Loan amounts $100,000 to $5,000,000
- Rates starting as low as 8% (NO Lender points charged)
- No max on properties owned
- LLC's and Trusts are okay
- 650 Fico score

- Purchase Money ONLY

Please contact me with scenarios.

There’s lending in your area with a focus on Stated Income loans for residential investment properties and commercial. 

Below are some highlights:

- Stated Income
- Up to 70% LTV ( 75% LTV for Mixed Use and 5+ units )
- Non Owner Residential ( 1 to 4 units )
- Commercial – Retail, Office, Warehouse, Self-Storage, Automotive Service
- Foreign Nationals okay with U.S. Credit, Visa or Green Card and SS Card
- Loan amounts $100,000 to $5,000,000
- Rates starting as low as 8% (NO Lender points charged)
- No max on properties owned
- LLC's and Trusts are okay
- 650 Fico score

- Purchase Money ONLY

Please contact me with scenarios.

@Christina R. I have not used this particular company but I've used another and closed a $90K transaction with them. Very low rate and extremely easy to work with. Give me a call if you're interested.

@Dustin Faeth Are you looking for a private investor only or will you entertain a hard money lender?

Side note: Funding is available for Judicial Foreclosure States for this program as well.

For Non-Judicial Foreclosure States

Loan Amount: $75K - $3MM

Term: 12 months with 6 month extension(s)

Acquisition LTV: 80-90% (up to 60-70% ARV)

Interest Rate: 8-12%

Points: 4-6

FICO: 620+ (can go as low as 580)

Rehab Budget: up to 40% of PP 

Prepayment Penalty: 3 month loan maintenance required

Let me know if you're interested. Look forward to working with you!

Strong credit is required to qualify for maximum line amount (min. 720 FICO). Personally, I think it's one of the great products for those looking for rehab/gap funds. Here are some of the highlights...

• Low Interest Rates (as opposed to typical hard money rates)
• Unsecured/No Collateral
• Stated Income/No Docs Required
• No Restrictions on Use
• Funding in as Little as 15 Days
• No Upfront Fees
• Lines Will NOT Report to the Personal Credit Bureaus

Contact me via direct line or email if you're interested.

@Jeff Grover  I can provide references from borrowers and lenders.