Our 40 year loan term is amortized over 30 years with the first 10 years being interest only. Borrower must qualify at the 30 year amortized payment. Great program for 1099 borrowers. We do not ask for tax returns. Instead we get 75% of their 1099 income to qualify.
- Loan amounts up to $3 Million
- Available on 1-4 Unit Primary and Investment Properties and 1-Unit 2nd Home
- Eligible Up to 85% LTV/CLTV
- 700 Minimum FICO score
Check out our other unique loan programs for that unique self-employed borrower. CLICK HERE