NO DOC STATED INCOME BUSINESS AND START UP BUSINESS LOANS. WHAT IS A NO DOC LOAN OR LINE OF CREDIT? Our no doc loan is a loan based off stated income. Stated income means your true income. The total income you made for the year. Checks, cash, credit cards and any other income that you made.
Basically everyone just went no-doc to avoid the trouble, even if they could verify income, assets, etc. Prior to the crisis, there were a large number of Alt-A lenders and subprime banks that offered "No Doc" mortgages, but pretty much all of them shut down as a result of the downturn.
Unique Home Loans. Finance One now offers unique loan programs like Stated income home loans (Stated Income Loans limited to CA, GA, NJ, NY, MA, TX, PA.other states case by case), no doc loans, foreign national loans, high ratio loans, etc.
Disclosure: I am/we are long VTR, O, DLR, SPG, NHI, DOC, HTA, MPW, VTR. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking.
Low-doc/no-doc loan programs are used for purchase loans, fixed rate home equity loans and home equity credit lines (HELOCs), but no stated income for mortgages above 100%. Typically, there is more equity required on no doc loans.
More recently, I wrote on Physicians Realty (DOC), Ventas. I’m maintaining a BUY and if you like boring, you’ll love this REIT. DISCLAIMER: I recommend a HIGH ALPHA REIT so that there is no.
Texas has the highest concentration (19.1%), followed by Michigan (13.7%), and Wisconsin (8.9%). As you can see below, LTC has over 66% of its portfolio in Top 100 MSAs. Michigan is the second largest.
Our no income verification program makes the loan process quick and easy. Contact Us Today! No doc investor mortgage is a specialty finance company focused on providing capital to the small balance commercial real estate market nationwide.
and 6 additional properties which we believe no longer meet our core business strategy from a size, age, geography, or line of business perspective. During the quarter ended March 31, 2019, the.