We have Access to Over 150 Lenders to ensure the right a product for every borrower's needs.
Qualified Income Sources for Residential Home Loan Purchases
-Employed Borrowers Only Need Last 2 Year W-2's and Last
2 -month Paystubs and Bank Statement
-Self-Employed Borrowers Only Need last 2 Years Tax Returns/3-12 -month Business & Personal Bank Statements
Business Profit & Loss Statement
-Child Support Recipients need Child Support Court Order, Birth Certificate of Child receiving support, last 6- month Bank Statements or WAY2Go Card Statement or
if not Court Ordered Borrower must provide non-custodial parents' Notarized Letter verifying Child Support Payments, Child's Birth Certificate, Bank Statement, Cash App, Cancelled Checks or Money orders received to verify Child Support Income
-Disability Income Borrowers need Award letter & Disabled Veterans need form DD-13 and Military ID
-Bank Statement Loan for Self-Employed /1099 Borrowers need 1-2 years Bank Statement and P&L Annual and YTD Financial Reports
Qualifications:
Owner or Non-Owner Occupancy, No- Docs Up to 70% Financing Full Docs 90% Financing
-No-Doc loan borrowers must provide 2 -year Bank Statements,
P& L's, Business Plan (higher interest rate)
-Full Doc borrowers must provide last 2-3 years Business and Personal Tax Returns, Min 3- month Business & Personal Bank Statements
HELOC is a Home Equity Line of Credit funded by the Equity in your home. This is a Creative and more Affordable way to Consolidate debt and have lower monthly payments for high credit card debt and interest rates in addition to using the funds for renovations, the purchase of an investment property and paying your current mortgage balance as well
What make a HELOC more unique than your Traditional Home Refinance is that you have access to funds through a line of credit that can be access as needed and available for 3-10 years unlike your Traditional Home Refinance Loan which deposits your full amount in one payment and if you want to retrieve more of your equity within 3-10n years you must complete a new application.
Contact Our Experience/Proud partners at
PROPERTY BY PROPERTY
REAL ESATE, RENOVATIONS & DESIGN STUDIO
for your Real Estate Selling/Purchase, Home Inspection, Residential /Commercial New Contruction & Renovation Needs
678-794-4099