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STATED REFINANCE

Residential Stated Refinance Loan Program
Term Summary
  • Up to 75% LTV – Only 30 Days Seasoning Required

  • Rates starting at 5.75%

  • 3-30 Year Fixed Loans Available – 30 Year Amortized

  • Prepayment Penalty Varies (3 to 5 Years)

  • Origination: 2% and Up

  • 660 Minimum Credit Score Required

  • Loan Amounts - $100,000-$3,000,000 (Residential Only)

  • Close in as little as 10 Business Days

  • No Income, No Asset, No Employment Verification

  • Limited Documentation Required to Fund

  • Short Term Refi Options Available: 1-2 Year Bridge with No Penalty

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 **Flexible Term Structure and Funding of Loans

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Greater flexibility often results in better outcomes.  We can move quickly and base decisions largely on liquidation value of the collateral provided.   Faster decisions mean you get funding quickly and can move on to your other business.  Our typical long term funding process takes 15-21 days to close.  We look to make sure market rents will cover the principal / interest payment, taxes and insurance plus a little extra income for the borrower.  We also do not report these loans to credit agencies!

Need more details? Contact us

We are here to assist. Contact us by phone, email or via our Social Media channels.

© 2018 by REIBH, Inc. 

Not all applicants will qualify for financing. All finance programs and rates are subject to final approval and are subject to change at any time without notice. Supporting financial documentation may be required by any transaction. REI Brokerage House brokers commercial, business purpose loans for real estate and business investment purposes only. Loan's are for investment purposes only and not for personal, family, or household use. Loan product availability may be limited. This is not a commitment to lend, loans are subject to borrower/asset underwriting approval at the lender’s discretion. Please seek independent legal and tax advice when making investment decisions, we at REI Brokerage House, are not to be considered your source for legal or tax/accounting advice.   

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