STATED INCOME LOANS

Stated Income Loans for Commercial & Multifamily Rental Properties

NATIONWIDE Stated Income Investor 1 – 4 Rental Unit Mortgage Loans
- Loan Amounts up to $1,000,000
- Loan Purpose Purchase, Refinance, Cash Out
- Property Types: Non-Owner Occupied Single Family Residence and 2 - 4 Rental Units
- Debt Service Ratio: 1.20x
- Loan to Value Max 70%
- FICO 650 mid score
- Fixed Period 3 & 5 year options, see below for adjustable info
- Terms 30 year fully amortizing / 30 year loan

Stated Income Small Commercial Lending - Nationwide
- Loan Amounts up to $5,000,000
- Loan Purpose Purchase, Refinance, Cash Out
- Property Types
     Class I: Multifamily (5+ Units) & Mixed-use
     Class II: Office, Retail, Warehouse, Self-Storage, Automotive Services
- Debt Service Ratio Class I: 1.20x / Class II: 1.25x
- Loan to Value Class I: 70% / Class II: 65%
- FICO 650 mid score
- Fixed Period 3 & 5 year options, see below for adjustable info
- Terms 30 year fully amortizing / 30 year loan

Adjustable format
- WSJ Prime + 4%, Caps 2% first adjustment then 1% per period
- 2% yearly max - 6% life cap over start rate

Highlights of Program
  • No Tax Returns
  • Loan turned down by other lenders
  • Perfect for self-employed
  • Common sense underwriting
  • Permanent financing, No balloons
  • Quick Closings
For more information, please visit www.HBSFunding.com or contact us at (310) 356-6500