LOAN PRODUCTS
OUR PRODUCTS
WE PRIDE OURSELVES IN OFFERING
UNIQUE LOAN PRODUCTS
A true no doc loan program, that does not depend on credit score or financial qualification of the borrower or the property. The only qualifier is the true value of the asset that is being offered as a collateral.
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A true Hard Money Model with 24 Hour Approval and 10 Day Closing.
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A flexibility of tailoring and creating a custom loan for an individual need of any borrower. If you don’t see what you need, please contact us and run a scenario, so we can accommodate your request.
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Fund’s Credit Box is very direct and targeted to a specific borrower and asset and it consists of:
LOAN QUALIFIER
Ownership Occupancy
Entity Only
Not Owner-Occupied
Investment Use Only
Foreign Investor
Qualified Assets
1-4 Family
Condos
Multi-Family
Mixed-Use
Qualified Loans
Acquisition
Bridge / Rent & Hold
Refinance / Cash Out
​Fix & Flip / Transitional
Financial Requirements
NO FICO Minimums
NO DTI Requirements
NO DSCR Requirements
NO Cash Flow Requirements
NO Income Tax
NO Bank Statements
NO Verification of Funds
NO Seasoning
SPECIAL CREDIT ADVERSE CONDITIONS QUALIFIED
Late Payments OK
Mortgage Default OK
Bail-Out OK
Foreclosures OK
Bankruptcy OK
TERMS
Term
LTV"As Is"
ARV
1 Year
65%
​70%
Origination Fee
Underwriting Fee
Lender Points
$995.00
$1,295.00
2
INTEREST RATE MATRIX
Interest Rate
Adjustments
FICO Score
FICO >780
FICO 760-779
FICO 630-759
FICO 600-629
FICO 579-599
FICO<579
Rate
12.00%
12.50%
13.00%
13.50%
14.00%
14.50%
Credit Event
<3 Mortgage Lates
>3 Mortgage Lates
Bail Out Default
Foreclosure
Bankruptcy
Extensions
Rate
Rate at 15.00%
Rate at 16.00%
Rate at 16.00%
Rate at 16.00%
1 Point for 6 Months
Rate at 15.00%
QUALIFIED STATES
California, Connecticut, Florida, Maryland, Massachusetts, New Hampshire,
New Jersey, New York, Pennsylvania, Virginia, West Virginia, Washington DC
All Other States Are On Case By Case Basis