MortgageDepot.com has good news for those borrowers looking to finance a property and need a smaller loan amount to do so. Previously our minimum loan amount for the No Income Check mortgage program was $100,000 and now that has been reduced to $75,000.
MortgageDepot.com offers Stated Income loans on non-owner occupied 1-4 Family properties as well as commercial properties.
- Loan amounts from $75,000 to $5,000,000
- Credit Scores as low as 650
- No tax returns
- No W-2’s
- No 12 months bank statements
- No 4506
- No Global Cash Flow
- Wage Earner and Self Employed OK
- Loan To Value’s as high as 75% – which means only $25% down payment needed.
- Seller 2nd’s allowed, seller can hold a second mortgage on the property, allowed.
- Mixed Use, Multi Family, Office, Retail, Warehouse, Self-Storage
- Non-owner occupied Single Family Residence, Duplex, Triplex, and Fourplex