Are you looking to take advantage of today’s low interest rates for longer term? Maybe you seek a lower initial home loan payment after cash out? You are not alone! Our lending products are often unique and not what you see at Local Banks,  especially if you are Self Employed!

One popular loan product is a 10-year Interest-Only period at the start of a 40-year term. This gives payment relief while locking in today’s low rates for entire 40 year term, eliminating uncertainty when adjusting from Interest-Only (IO) to P&I payment!

It’s easier to qualify than many IO loans, because of its 40-year term. Underwriting decisions are fast and efficient. We offer aggressive loan solutions!

Here are a few of the loans FEATURES:

•  Self Employed allowed
• Loan amounts up $2.5 million
• 85% Max LTV on IO;  95%  for fully amortized loans (OAC)
• 4 year seasoning for bankruptcy, foreclosure, short sale or deed in lieu
• One year income documentation OK for Self-Employed and basic W-2
• 12- and 24-month bank statement program
• Smart asset depletion loans, with asset divided by up to 120  months
• Purchase, refinance, and cash out
• DTI up to 50% (purchase, rate & term)
• Credit scores as low as 660
• Owner-occupied, second homes and investment properties

To learn more just reach out to Dan Cassel Direct at 866-310-1112. Or email danc@dansrealestateloans.com