NO-INCOME VERIFICATION
$300k - $3M

no tax returns
no W-2 or 1099
6.5% - 8.5%


Loan Program Highlights

DEAR HOMEBUYER / INVESTOR

We, Real Estate Mortgage Corporation, do not sell information to third party lenders as WE ARE NOT a lead generation company; we, instead are who will originate your loan.

A mortgage brokerage firm specializing in NO-INCOME VERIFICATION MORTGAGES (no tax returns, no W-2, no 1099), just a decent credit score, a good property, and a 15% to 20% down payment.

Our terms and conditions vary depending on the occupancy type (investment or owner-occupied)

Investment:

  • The interest rates of our investment loans typically fall between 6.5% and 8.5%
  • One-year prepayment penalty
  • The Max Loan to Value is typically 80% to 85% (LTV)
  • On purchase transactions, the Max Combined Loan to Value is 90% (CLTV), whereas we finance 80% of the purchase price, and your seller would hold a 10% Second Mortgage

Owner Occupied:

  • The interest rates of our owner-occupied NO-INCOME VERIFICATION MORTGAGES are higher than rates for investment properties, and typically fall between 8.5% and 9.5%
  • NO prepayment penalties.
  • On purchase transactions, the Max Combined Loan to Value is also 90% (CLTV)
  • Program Highlights:
  • $300k - $3M loan amount
  • Serving real estate investors since 2020
  • NMLS 195-8288
  • Purchase / Refinance / Cashout
  • Primary and Investment Properties
  • First-Time Investor OKAY
  • 30 year fixed and Interest Only
  • 620 credit score
  • 80% to 85% max LTV
  • 90% max CLTV
  • 6.5% to 8.5% Interest Rate (investment properties)
  • 8.5% to 9.5% Interest Rate (primary properties)
  • Rates subject to change without notice
  • 1 year Prepayment Penalty
  • No employment verification
  • No Tax Returns
  • No W-2
  • No 1099
  • Close in 10 to 14 days
  • 6% Max Seller Contribution

  • Property types:
  • Single Family Detached
  • Condos
  • Townhomes
  • Villas
  • 2-10 Unit Multi-family dwellings
  • 20 Acres Max

  • Serving 36 states:
  • Alabama (AL)
  • Alaska (AK)
  • Arkansas (AR)
  • Colorado (CO)
  • Connecticut (CT)
  • Delaware (DE)
  • Florida (FL)
  • Georgia (GA)
  • Hawaii (HI)
  • Illinois (IL)
  • Indiana (IN)
  • Iowa (IA)
  • Kansas (KS)
  • Kentucky (KS)
  • Louisiana (LA)
  • Main (ME)
  • Maryland (MD)
  • Massachusett (MA)
  • Mississippi (MS)
  • Missouri (MO)
  • Montana (MT)
  • New Hampshire (NH)
  • New Mexico (NM)
  • New York (NY)
  • North Carolina (NC)
  • Ohio (OH)
  • Oklahoma (OK)
  • Pennsylvania (PA)
  • Rhode Island (RI)
  • South Carolina (SC)
  • Tennessee (TN)
  • Texas (TX)
  • Washington (WA)
  • West Virginia (WV)
  • Wisconsing (WI)
  • Wyoming (WY)