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 12 months bank statements
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
If you have any questions or scenario’s please call 800-535-0270.