RSA Funding is a nationwide commercial mortgage broker offering stated income commercial mortgage loans throughout the United States. Our stated income programs are perfect for the self employed or business owners. Highlights of the programs are:
Loan Amounts: $100,000 to $5,000,000.
Property Types Include: 1-4 family residential investment, investment condos, multi-family, mixed use, retail, office, hotels and motels, warehouse, and more. ( If you property type is not listed please inquire).
Ineligible Property Types Include: Raw land and gas stations.
Loan to Value: Maximum can be up to 80% ltv ( depending on transaction type, property type, and credit score).
Credit Score: 650 minimum ( but can be lower on a case by case basis).
Rates: Fixed rates from 7%. Amortization over 25 to 30yrs. Fixed terms from 3 years up to 8 years.
Prepay: Step down prepay depending on how long the fixed period is for.
Closings: Generally closings can be in 3-4 weeks ( depending on how quickly the necessary documents are provided).
For more information contact:
34-3 Shunpike Dr. #223