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Stated Income and Stated Assets loan program!

April 5, 2013

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STATED INCOME and STATED ASSETS loan program for Multifamily Properties  (5 units and above) up to 75% LTV both on purchases and cash out refinances. Max loan amount $10,000,000.

Very active on the Foreign National Market and Mix Use properties
Below  are some of our Stated Programs:

5 Year Fixed      3.350%        2.250%       6 Mo LIBOR         1.15             75/75        30/30      1 POINT COST

7  YEAR FIXED   4 .10%         2.250%       6  Mo  LIBOR       1.15              75/75       30/30      1 POINT COST

10 Year Fixed    4.450%        2.250%       6 Mo LIBOR         1.15             75/75        30/15       1 POINT COST

Loan Sizes: $500,000 to $10 MM. 10 Yr available for loans $1MM and greater. C/O available up to 75%. 3 years I/O available for 10 bps to rate, max 70%, 1.20 DCR.

680 Credit. NO Tax Returns or Bank Statements. Bank Statements required for loans $5MM and above.

Rate reductions for low LTV’s: 15bps below 65%; 30bps below 50%. Add 40bps for loans between $500K and $1,000,000.

In addition we can help you with other commercial loans

*Office Building
*Industrial
*Retail Shopping Center
*Medical Building
*Bridge Financing

Call or email PMC for further inquiries.

800-385-3657
newloan@pmccanhelp.com

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