Non-Owner Business Purpose

Non-Owner Business Purpose Loan

Features:

  • No TRID Disclosure Requirements (NO LE, ITP OR CD)
  • No Income Requirements
  • No Reserve, Asset, or DSCR Requirements
  • Wage Earners or Self -employed, Okay

Details:

  • Must be non-owner occupied property 1 - 4 unit
  • Business purpose is to acquire, improve or maintain subject property
  • $5mil max loan amount
  • $100K min loan amount
  • 70% Max LTV/CLTV

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