“True” Stated Income Loans & Fast Hard Money Bridge Loans!

“True” Stated Income loan:

No tax returns, no W-2’s, no pay stubs, AND NO 12-24 months bank statements. Loans up to $2.5mm / Rates from 4.75% for a 30 year loan fixed for 7 years.

Must be self employed business owner in the same location for over 2 years with a minimum FICO score of 720 for purchase (740 for cash out refi). Easier qualifying if you have a website or if your company appears on an online directory. Requires a letter from your tax preparer.

Major credit event seasoning: Loan Modification 2 years/Short Sale 2 years/Bankruptcy 3 years/Foreclosure 5 years

Fast Hard Money Bridge Loans:

Limited documentation, typically Close in 5 – 12 days / No Doc for investment properties / No DTI / Typically No Appraisal. If you have a deal falling apart or just need a quick close, this is the program for you.

Rates starting at 5.99% interest only (1 year loan)

1-3 year terms

Owner & non owner occupied

Call or email me for immediate attention to your scenario!

Darren Carlin

925-872-0695

Recap of our Loan Products: 

1. Hard Money Loans (30-50% down / minimal documentation) Typically Fund in 7-10 days.
2. Stated Income Loans (Great for business owners and self employed ) No tax returns
3. 100% financing is available (we can cross collateralize other properties if there is enough equity)
4. Investor Cash Flow Loan – No tax returns or DTI calculation! Based on subject property cash flow – 1% DCR!
5. Flipper Loans (Flip a property with one of our many options)
6. 2^nd Position Loans up to $5mm
7. Raw Land & Lot Loans
8. Ground up Construction for spec homes, custom homes and commercial ground up.
9. Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
10. 1% down Jumbo’s with NO MI up to $2.5mm
11. Manufactured Housing / Mobile Homes (20% down / 620+ credit score)
12. Acreage Properties
13. Commercial Loans up to $100mm
14. 3% & 5% down Conventional – LPMI (Lender paid mortgage insurance)
15. Foreign Nationals Loans (no social security or residency required)

We also offer:

1. 10, 15, 20, 25, 30 year Fixed, Conventional Conforming Loans (under $417k)
2. High Balance Conforming aka Super Conforming (from $417k-$625k)
3. Jumbo’s to $10 Million / Super low rates! / 10% down Jumbo to $2.5mm
4. FHA, VA, USDA
5. ARM’s
6. Reverse mortgages up to $10 Million Value
7. Refinance including Cash Out

I am able to take a Loan Application on a moment’s notice & will be happy to provide Pre approval letters.

Please do not hesitate to call on me if I may be of service in any way!