August 5th, 2017
INVESTOR NO INCOME QUALIFYING LOANS
Investors now you can purchase that investment home and no pesky taxes required, or income required to qualify. You will need the down payment typically 25% to 30% down, own at least one other home. If the money for the down payment is seasoned for at least 60 days in the bank for the down payment - 25% down payment required. If the money for the down payment is not seasoned then you would need 30% down. 1-2 week closing, 5 year arms
Investors or owner occupied buyers with 12 to 24 months of bank statements can qualify using the statements as income. We average the deposits. The loans are priced well are 5 year to 30 year amortization and fixed, with no prepays! This loan is good for self-employed, 1099 employed, construction workers, investors, and overall a very good loan.