Direct Lender - Stated Income/Stated Asset at 7.49% at Par, No Points...Yes, Really!!

Velocity continues to provide the BEST solution for borrowers who don't fit a typical bank model, but also don't want all the crippling fees of hard money. We understand that your borrowers deserve better options, and we're proud to offer the only TRUE Stated Income solution with rates as low as 6.49%. It’s also worth
mentioning that we fund over $50,000,000 of these transactions every month.
 

NO INCOME/EMPLOYMENT VERIFIED
NO 4506/CPA LETTER
NO BANK STATEMENTS
NO RESERVE REQUIREMENTS (3mos PITI if vacant)
NO CASH OUT RESTRICTIONS
CAN FINANCE UP TO 10 PROPERTIES PER BORROWER
CAN VEST IN LLC/CORP
NO MAX NUMBER OF PROPERTIES OWNED
NO DSCR ON SFR's
REBATES OFFERED (Max 2pts)
30YR AMORTIZATION LOANS
NO BALLOON
LOAN AMOUNTS FROM 1OOK - 5MM
UP TO 75% LTV
RESIDENTIAL (N/O/O) & COMMERCIAL PROPERTIES
NATIONWIDE DIRECT WHOLESALE LENDER
640 MIN FICO REQUIREMENT

Feel free to contact me today on any Non-QM scenarios or questions you may have!

Robert Grant

Wholesale Sr. Account Executive                     

Velocity Commercial Capital

30699 Russell Ranch Rd., Suite 295

Westlake Village, CA 91362

818-338-9551 – Office

818-512-5495 – Cell

818-338-9751 – Fax

rgrant@velocitycommercial.com

www.velocitycommercial.com/robert.grant

 

 

 



 

Views: 129

Reply to This

"Early Adopter Upside with 90% Downside Protection" Sale is now live with up to 6X bonuses

FOLLOW US

© 2020   Created by Jude G Regev.   Powered by

Badges  |  Report an Issue  |  Terms of Service