"COMPETITIVE RATES" "QUICK CLOSE" "NO HIDDEN FEES"
30 Year Fixed Rate Loan Program / 1 to 4 Family / Multi-Unit Residential & Commercial Properties
- NO Employment Verification, NO Income Documentation
- NO Tax Returns, NO W2's, NO Paystubs, NO 4506 Required
- NO DTI Calculations & as low as 0% DSCR program for qualified borrowers
- NO Source or Seasoning of Funds. Only 2 Latest Bank Statements
- Mid Credit/FICO Scores Starting at 640
- 30 Year Fixed Rate Loan Term (5/6 ARM, 7/6 ARM & Interest Only Options Available)
- (1 to 4 Units Residential): Up to 80% LTV on Purchases, Up to 80% LTV on Rate & Term Refinance, Up to 75% LTV on Refinance Cash Out, 30 Year Loan Term
- (5 to 10 Units Residential): Up to 75% LTV on Purchases, Up to 75% LTV on Rate & Term Refinance, Up to 75% LTV on Refinance Cash Out, 30 Year Loan Term (90% CLTV Options Available for Qualified Borrowers on Purchases), (No DSCR Options Available for Qualified Borrowers)
- (11 to 100+ Units Residential/Long Term 30 Year Loan): Up to 75% LTV on Purchases, Up to 75% LTV on Rate & Term Refinance & Cash Out Refinance (Up to 70% LTV on Refinance Transactions Over $1,000,000) (90% CLTV Options Available for Qualified Borrowers on Purchases), No DSCR Required, Maximum Loan Amount = $5,000,000 (If loan amount is above $5 million, please review "Interest Only" Option below.
- (11 to 100+ Units Residential/Short Term Bridge Loan): Up to 24 month "Short Term Bridge Loan", Interest Only, Up to 80% LTV on Purchases, Up to 75% LTV Rate & Term Refinances, Up to 70% LTV Cash Out Refinance, Maximum Loan Amount = No Cap on Loan Amount
- (Mixed-Use Properties/Long Term 30 Year Loan): Up to 75% LTV on Purchases, Up to 70% LTV on Rate & Term Refinance, Up to 70% LTV on Refinance Cash Out & 30 Year Loan Term
Loan Purpose & Lending Areas:
Purchase, Refinance (Rate / Term and Cash Out).
Lending Areas:
Most States Within the USA Except AK, AZ, CA & VT
Minimum Credit Score:
Mid- Fico Score Starting at 640.
Property Types:
1 to 4 Family, Condo's, Townhomes, Multi-Family 5 to 100+ Units, Mixed-Use.
Loan To Value:
(1 to 4 Units Residential): Up to 80% LTV on Purchases, Up to 75% LTV on Rate & Term Refinance, Up to 75% LTV on Refinance Cash-Out
(5 to 10 Units Residential): Up to 75% LTV on Purchases, Up to 75% LTV on Rate & Term Refinance, Up to 70% LTV on Refinance Cash Out
(11 to 100 Units Residential & Mixed-Use/30 Year Loan Term): Up to 75% LTV on Purchases, Rate & Term Refinances & Cash Out Refinance (Up to 70% LTV on Refinance Transactions Over $1,000,000) (90% CLTV on Purchases). Up to $5,000,000 loan amount
(11 to 100+ Units Residential/Short Term Bridge Loan): Up to 24 month "Short Term Bridge Loan", Interest Only, Up to 80% LTV on Purchases, Up to 75% LTV Rate & Term Refinances, Up to 70% LTV Cash Out Refinance, Maximum Loan Amount = No Cap on Loan Amount
(Mixed-Use Properties/Long Term 30 Year Loan): Up to 75% LTV on Purchases, Up to 70% LTV on Rate & Term Refinance, Up to 70% LTV on Refinance Cash Out
Interest Rate / Terms:
We offer the most competitive rates and terms in industry, 30 Year Fixed, 30 Year Amortization (5/6 ARM & 7/6 ARM with 30 Year Amortization Available). Interest Only Options Available.
Advance Equity Capital Advantages:
No Personal Income Documentation, No Income Verification, No 4506-t form, No DTI, 30 Year Fixed Rate, Up To 80% LTV, Mid-Fico/Credit Score Starting at 640.
All rights reserved Advance Equity Capital.
Applicant's must satisfy certain eligibility requirements. Restrictions apply. Rates, terms and conditions offered only to qualified borrowers, may vary upon loan product, deal structure, property state or other applicable considerations, and are subject to change at any time without notice, shall only constitute a general, non-binding expression of interest on the part of Advance Equity Capital, do not create any legally binding commitment or obligation on the part of Advance Equity Capital, and are expressly subject to underwriting, credit, legal, investment approval and other risk factors. Closing times may be delayed due to appraiser property access limitations and our 1 to 4 family residential programs are applicable only to non-owner occupied investment properties.