New Jaw Dropping True Stated Programs | Valor Lending Group
Are you interested in one of our new jaw dropping true stated income loan programs?
Valor Lending Group has got you covered!
We are happy to announce that we are now licensed in the FLORIDA SUNSHINE STATE!
We are excited for the opportunity to serve up EVERY loan in the book to the residents of the beautiful sunshine state and look forward to raising the bar in mortgage loan financing!
We work with the absolute best to procure the top rates and scenarios around.
What is a True Stated Income Loan?
The new age 2022 “True Stated Income” loan is different from the early 2000s. In the past, a borrower could just state their income with no verification process of any kind.
The True stated programs that are available for borrowers today require only proof of funds to close.
Instead of showing your tax returns lenders use an alternative way of verifying your proof of funds to close by using a 1 month bank statement, that’s it.
These new programs give self-employed and W2 wage earners an alternative avenue to verifying your proof of funds to close, you can use both personal and business bank statements. Also, you should expect to be required to have at least a 640 credit score and as high as 80% loan to value (LTV).
TRUE Stated Income Loan Program Highlights:
- Owner Occupied and 2nd Home Only
- Income not Stated
- 1 month Bank Statement
- Up to 80% LTV on Purchases & R/T Refinances
- Up to 70% cash-out
- Maximum Loan Amount $3M
- No Tax Returns
- No Employment
- No Income
- Credit worthiness is based on LTV, credit score and current liquidity
VALOR LENDING GROUP OFFERS EVERY MORTGAGE LOAN IN THE BOOK!
We look forward to serving you!
Recently Funded | Valor Lending Group
$1,044,550 Loan amount | Hard Money Bridge Loan | Purchase | 65% LTV | Murrieta, CA
$1,900,000 Loan amount | Full Doc Jumbo Loan | Cash Out Refi | 31% LTV | Mirage, CA
$1,430,000 Loan amount | 24 Month Bank Statement Loan | Purchase | 65% LTV | Phoenix, AZ
$2,625,000 Loan amount | Ground up Construction Loan | Purchase | 65% LTV | Malibu, CA
$1,905,000 Loan amount | Fix and Flip Loan | Purchase | 90/100 LTV | Palos Verde, CA
$2,645,000 Loan amount | Ground up Spec Construction Loan | Purchase | 65% LTV | Palm Springs, CA
$712,500 Loan amount | DSCR Loan | Cash Out Refi | 75% LTV | 70% LTV
$4,013,750 Loan amount | Full Doc Jumbo Loan | Rate& Term Refi | 75% LTV | Newport Beach, CA
$592,500 Loan amount | DSCR Loan | Purchase | 75% LTV | Seattle, WA
$1,950,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 70% LTV | Berkeley, CA
$3,100,000 Loan amount | 12 Month Bank Statement Loan | Purchase | 43% LTV | Coronado, CA
$1,790,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | Berkeley, CA
$1,008,000 Loan amount | Full Doc Jumbo Loan | Purchase| 80% LTV | Anaheim, CA
$1,740,000 Loan amount | Hard Money 2nd Position Bridge Loan | Cash Out Refi | 61% CLTV | Berkeley, CA
$4,775,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 62% LTV
$505,000 Loan amount | Full Doc FNMA Loan | Purchase | 85% LTV! | Ventura, CA
$2,100,000 Loan amount | Hard Money Bridge Loan | Cash Out Refi | 51% LTV | S. Carolina
And many more.
We do them all, so give me a call!
Recap of our Loan Products:
- Hard Money Loans (20% down / minimal documentation) Typically Fund in 7-10 days.
- Stated Income Loans (Great for business owners and self-employed ) No tax returns!
- 100% financing is available (we can cross collateralize other properties if there is enough equity)
- Valor VA Home Loan 100% financing up to $1.5M
- Investor Cash Flow Loan – No tax returns or DTI calculation! Based on subject property cash flow
- Flipper & Rehab Loans (Flip a property with one of our many options)
- 2nd Position Loans up to $5mm
- Raw Land & Lot Loans
- Ground up Construction for spec homes, custom homes and commercial ground up.
- Farms, Vineyards, Ranches and Agricultural Properties (25-30% down)
- 10% down Jumbo’s with NO MI up to $2M
- Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
- Acreage Properties
- Commercial Loans up to $500M
- 3% & 5% down Conventional Loans – LPMI (Lender paid mortgage insurance)
- Foreign Nationals Loans (no social security or residency required)
We also offer:
- 10, 15, 20, 25, 30 year Fixed, Conventional Conforming Loans
- High Balance Conforming aka Super Conforming
- Jumbo’s to $25M / Super low rates! / 10% down Jumbo to $2M
- FHA, USDA
- ARM’s
- Reverse mortgages up to $3M Value
- Refinance including Cash Out
**Rates and terms subject to change without notice
We are never too busy for your referrals!
For the most up to date mortgage news visit: Mortgage News Daily
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