One Day After Bankruptcy, Loan Modification, Foreclosure Or Short Sale

LENDERLINE® is currently offering real estate loans one day after bankruptcy, loan modification, foreclosure or short sale under the following guidelines:

  • Property must be located in the State of California.
  • Up to 65% loan-to-value.
  • Self employed requires 2 years tax returns + YTD profit and loss.
  • Wage earners require 2 years W2s + 30 days’ paycheck stubs.
  • 500 minimum credit score.
  • Up to 50% debt-to-income ratio.
  • $75,000 minimum loan amount.
  • $3,000,000 maximum loan amount.
  • SFR, PUD, condos, townhomes, and 2-4 units.
  • Primary residence, second home or investment property.
  • Purchase, rate and term, or cash out refinance.
  • No reserves required.
  • Available as a 7/1 ARM or 30-year fixed.
  • No prepayment penalty.

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LENDERLINE® is your is your one day after bankruptcy, loan modification, foreclosure or short sale lender of choice. Call us today for our ARM loan and 30 year mortgage rates.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

No Income No Employment Debt Service Coverage Ratio (DSCR) Investor Loans

LENDERLINE® is currently offering no income no employment debt service coverage ratio (DSCR) loans for investors, which utilize only the income from the subject property to qualify, under the following guidelines:

  • Property must be located in the State of California.
  • Non-owner-occupied investment properties only.
  • Income from subject property is only income indicated on loan application.
  • DSCR of 1.00 used to qualify (see underwriting guidelines).
  • Employer name not indicated on loan application.
  • Employment income not indicated on loan application.
  • No tax returns.
  • No 4506-T.
  • Standard DTI ratios are not calculated.
  • Borrower may be US citizen, permanent resident, LLC, or Inter Vivos Revocable Trust.
  • Foreign nationals not allowed under this loan program.
  • First time home buyers allowed.
  • Borrower must have at least 6 months’ experience of owning and managing commercial or investment real estate.
  • SFR, PUDs, condos, townhouses, and 2-4 units allowed.
  • Up to 80% LTV with minimum 680 credit score.
  • Up to 70% LTV with minimum 600 credit score.
  • $100,000 minimum loan amount.
  • $2,500,000 maximum loan amount (see underwriting guidelines).
  • Gift funds are allowed for down payment and closing costs.
  • Reserves must come from borrower’s own funds.
  • Purchase, rate and term, or cash out refinance.
  • No limit as to the number of financed properties borrower may own.
  • Avail as 5/1, 7/1 or 10/1 ARM, or as 15-year fixed or 30-year fixed rate.
  • Interest-only option is available on 5/1 ARM only (see pricing adjustment).
  • No prepayment penalty.

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LENDERLINE® is your no income no employment DSCR lender of choice. No income verification loans, also known as no income loans or no doc loans, are our specialty.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

No Income No Asset No Ratio Investor

LENDERLINE® is currently offering no income, no asset, no ratio loans under the following guidelines:

  • Residential properties must be located in the State of California.
  • Call for expanded footprint for commercial and multifamily properties.
  • Borrower may be an individual, LLC, LLP, corporation or trust.
  • Income not stated or verified.
  • Assets may be stated or verified.
  • No 1040.
  • No Schedule E.
  • No 4506-T.
  • Up to 75% loan-to-value.
  • Seasoning of down payment optional (maximum 70% LTV).
  • Impounding of property taxes/insurance optional (maximum 70% LTV).
  • Gift funds allowed (maximum 70% LTV).
  • $100,000 minimum loan amount.
  • $2,000,000 maximum loan amount.
  • Purchase, rate and term, or cash out refinance.
  • Investment only. No owner-occupancy or second homes.
  • Residential SFR, PUDs, condos, townhouses & 2-4 units.
  • Commercial 5+ unit multifamily, mixed use, office & retail.
  • No DSCR calculated on any residential 1-4 unit collateral.
  • 1.25 DSCR on 5+ unit multifamily, mixed use, office & retail.
  • Provide leases only on residential collateral.
  • Provide rent roll and leases on commercial collateral.

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LENDERLINE® is your no income, no employment, no asset, no ratio lender of choice. No doc home loans, also known as no documentation loans or low income loans, are our specialty.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

No Fico Score Loans

LENDERLINE® is currently offering no FICO mortgages for properties located in the State of California.

  • Purchase only.
  • No credit score required or allowed.
  • First-time homebuyer OK.
  • Primary residence only.
  • Up to 96.5% loan-to-value.
  • Down payment may be a gift.
  • W-2 wage earner or self-employed.
  • SFR, PUD, condos, townhomes and 2-4 units.
  • No housing payment history OK with budget letter.
  • Borrowers must have 3 non-traditional credit references.
  • No late payment allowed on any account within past 12 months.
  • 2 months PITI reserves must come from borrower’s own funds.
  • Reserves must be seasoned for 2 mos.
  • Gifts do not require seasoning.
  • Up to 45% DTI with compensating factors, 41% DTI without.
  • Manual underwriting using FHA Total Scorecard.
  • Loan limits are county-specific, click here for FHA look-up.
  • 30-year fixed rate.
  • No prepayment penalty.

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LENDERLINE® is your no FICO lender of choice. We offer the lowest no FICO mortgage payment and home interest rates and in the nation.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

Multifamily Apartment Loans

LENDERLINE® is currently offering multifamily apartment mortgages for properties located anywhere in the United States under the following guidelines:

  • Property must be located in the State of California.
  • The property must be located in the United States, Puerto Rico, the Virgin Islands or Guam.
  • Multifamily with 5 or more units.
  • Purchase, refinance, rehabilitation, new construction.
  • Class A, B and C properties.
  • Up to 83% LTV for purchases.
  • Up to 80% LTV for cash-out refinances.
  • Fast-track processing.
  • Non-recourse and assumable.
  • No maximum loan amount.
  • For-profit and not-for-profit borrowers.
  • Up to 40 year amortization terms.
  • Debt service coverage ratios as low as 1.20.
  • Consolidated construction and permanent financing.
  • Eligible closing costs/lender fees can be included in the loan.
  • Commercial space may be included if it serves project residents.

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LENDERLINE® is your multifamily apartment lender of choice. If you would like to buy an apartment complex, or if you need to refinance one of your existing apartment loans, call us today.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

Jumbo Loans To 95% LTV With No Mortgage Insurance

LENDERLINE® is currently offering jumbo loan to 95% LTV with no mortgage insurance under the following conditions:

  • The property must be located in the State of California.
  • 95% LTV to $1,500,000 loan amount.
  • 85% LTV to $2,000,000 loan amount.
  • SFR, PUD, and warrantable condos only at 95% LTV.
  • 2-4 unit properties allowed at 85% LTV or below.
  • Purchase, rate/term or cash-out refinance.
  • Primary residence only.
  • Minimum 720 credit score for purchase and rate/term refinance.
  • Minimum 760 credit score for cash-out refinance.
  • Cash-out refinance requires 12 months seasoning of ownership.
  • First-time homebuyer allowed (see underwriting guidelines for restrictions).
  • No housing rent or mortgage late payments allowed during the past 24 months.
  • W-2 wage earner or self-employed.
  • Borrower must be U.S. citizens or permanent residents.
  • No foreign nationals allowed under this program.
  • 9 months PITIA reserves required for subject property.
  • 6 months PITIA reserves required for each additional financed property.
  • Full income and asset documentation required.
  • DTI maximums range from 35% to 50%, depending on LTV (see guidelines).
  • Available as a 5/1 ARM, 7/1 ARM, 7/1 AM I/O, 10/1 ARM, 10/1 ARM I/O, 15-year fixed, 30-year fixed, 30-year fixed I/O, and 40-year fixed I/O.
  • No prepayment penalty.

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LENDERLINE® is your jumbo loan to 95% LTV with no mortgage insurance lender of choice. Jumbo loans are our specialty, and we have the best jumbo mortgage rates in the nation.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

ITIN Loans For Undocumented Aliens

LENDERLINE® is currently offering ITIN loans for undocumented aliens, under the following guidelines:

  • The property must be located in the State of California.
  • Credit scores as low as 500.
  • No reserves required.
  • Gift funds allowed for entire down payment and closing costs.
  • Bankruptcy seasoning as low as 1 day.
  • Foreclosure seasoning as low as 1 day.
  • Deed-in-lieu of foreclosure seasoning as low as 1 day.
  • Short sale seasoning as low as 1 day.
  • Self-employed or W-2 wage-earners.
  • W-2s and pay stubs only for wage-earners.
  • 2 years tax returns and year-to-date profit and loss for self-employed.
  • Purchase, rate and term, or cash out refinance.
  • Primary residence, second home or investment properties.
  • SFR, PUD, condo, townhouse, condotel, rural properties and 2-4 units allowed.
  • Up to 50% debt-to-income ratio.
  • $75,000 minimum loan amount.
  • $5,000,000 maximum loan amount.
  • 5/1 ARM, 7/1 ARM or 30-year fixed rate available.
  • All loans require impounding of property taxes and hazard insurance.
  • Interest-only option available (see underwriting guidelines and pricing adjustment).
  • No prepayment penalty.

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LENDERLINE® is your ITIN loan for undocumented aliens lender of choice.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

Investment Property Loans To 85% LTV

LENDERLINE® is currently offering HARP 2.0 Fannie-Mae or Freddie-Mac refinances under the following guidelines:

  • The property must be located in the State of California.
  • Loan must be owned by Fannie-Mae or Freddie-Mac.
  • Loan must have been delivered prior to June 1, 2009.
  • To look up if your loan is owned by Fannie-Mae, click here.
  • To look up if your loan is owned by Freddie-Mac, click here.
  • Primary residence, second home or investment properties.
  • Minimum credit score will be determined by the automated underwriting engine.
  • Maximum LTV will be determined by the automated underwriting engine.
  • Maximum DTI will be determined by the automated underwriting engine.
  • No mortgage insurance (MI) is required if original loan had no MI or MI was cancelled.
  • No appraisal required with automated underwriting exception.
  • W-2 wage earner or self-employed.
  • SFR, PUD, condos, townhomes and 2-4 units.
  • New subordinate financing is not allowed.
  • Cash out is not allowed.
  • Reserves determined by automated underwriting approval.
  • Loan limits are county-specific, click here for FNMA look-up.
  • Available as a 10-year, 15-year, 20-year or 30-year fixed rate.
  • No prepayment penalty.

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LENDERLINE® is your HARP 2.0 Fannie-Mae or Freddie-Mac refinance mortgage lender of choice. We have the lowest refinance mortgage rates in the nation.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

Harp 2.0 Fannie Mae Or Freddie-Mac Refinances

LENDERLINE® is currently offering HARP 2.0 Fannie-Mae or Freddie-Mac refinances under the following guidelines:
  • The property must be located in the State of California.
  • Loan must be owned by Fannie-Mae or Freddie-Mac.
  • Loan must have been delivered prior to June 1, 2009.
  • To look up if your loan is owned by Fannie-Mae, click here.
  • To look up if your loan is owned by Freddie-Mac, click here.
  • Primary residence, second home or investment properties.
  • Minimum credit score will be determined by the automated underwriting engine.
  • Maximum LTV will be determined by the automated underwriting engine.
  • Maximum DTI will be determined by the automated underwriting engine.
  • No mortgage insurance (MI) is required if original loan had no MI or MI was cancelled.
  • No appraisal required with automated underwriting exception.
  • W-2 wage earner or self-employed.
  • SFR, PUD, condos, townhomes and 2-4 units.
  • New subordinate financing is not allowed.
  • Cash out is not allowed.
  • Reserves determined by automated underwriting approval.
  • Loan limits are county-specific, click here for FNMA look-up.
  • Available as a 10-year, 15-year, 20-year or 30-year fixed rate.
  • No prepayment penalty.
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LENDERLINE® is your HARP 2.0 Fannie-Mae or Freddie-Mac refinance mortgage lender of choice. We have the lowest refinance mortgage rates in the nation.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.

Hard Money Loans

LENDERLINE® is currently offering hard money real estate loans for 1-4 unit residential properties located in the State of California, and for multifamily and commercial properties located anywhere in the United States.

  • Property must be located in the State of California.
  • 500 minimum credit score required.
  • Up to 70% loan-to-value for purchases and rate/term refinances (see guidelines).
  • Up to 65% loan-to-value for cash-out refinances (see guidelines).
  • $100,000 minimum loan amount.
  • $5,000,000 maximum loan amount.
  • US citizens, permanent resident aliens, and foreign nationals with valid passport and US visa are allowed. Undocumented aliens with ITIN numbers are not allowed under this program.
  • Owner-user, second home or investment properties.
  • Income is stated and not verified.
  • Documented ability to repay may be applicable under certain scenarios.
  • Purchase, rate and term, or cash out refinance.
  • SFR, PUDs, condos, townhouses, and 2-4 units allowed.
  • Mixed-use residential property with commercial influence allowed on case-by-case basis.
  • No reserves required.
  • All loans require impounding of property taxes and hazard insurance.
  • Available as a 5/1 ARM or 7/1 ARM only, amortized over 30 years.
  • No prepayment penalty.

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LENDERLINE® is your hard money lender of choice. Subprime lending is our specialty. Bad credit business loans are available also.

Questions? To get today’s interest rates or to receive a FREE mortgage consultation, call LENDERLINE® toll-free at 1-888-661-7888, or complete this form to schedule an appointment.