Valor “True” Stated Income Loan

“True” Stated Income loan:

No tax returns, no W2’s, no pay stubs, AND NO 12-24 months bank statements. Loans up to $2.5mm / Rates from *5% 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.

 

HARD MONEY IS EASY!

We can typically fund a fast hard money loan in 5-10 days often without an appraisal up to $10mm.

 

MORE!

Over 1,000 loan programs available for California Residential loans up to $10mm. Also funding Commercial Loans throughout the Country up to $500mm.

We are your one stop mortgage solution company for any given loan scenario.

 

Recap of our Loan Products:

1. Hard Money Loans (28-35% 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 & Rehab 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. 5% down Jumbo’s with NO MI up to $2mm / 10% down up to $3mm
11. Manufactured Housing / Mobile Homes (20% down / 600+ credit score)
12. Acreage Properties
13. Commercial Loans up to $500mm
14. 3% & 5% down Conventional Loans– 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 $453,100-$649,750)
3. Jumbo’s to $10 Million / Super low rates! / 10% down Jumbo to $3mm
4. FHA, VA, USDA
5. ARM’s
6. Reverse mortgages up to $1 Million Value
7. Refinance including Cash Out

 

We want to help!  Contact me today for a free quote and consultation on your loan request. owilberg@valorlending.com