Commercial Mortgage Financing for self-employed Borrowers - no tax returns!!!!!!

image5

No Doc Stated Income Commercial Real Estate Financing

NO DOC / STATED INCOME PRIVATE MONEY LENDER

NO TAX RETURNS! Loans $100,000 to $6,000,000


COMMERCIAL REAL ESTATE MORTGAGE FINANCING

(we do not lend on any owner-occupied residential homes)


Red Star Mortgage is a Non-Bank small balance commercial mortgage lender providing 

flexible, fast, favorable fixed rate loans. 


Simple process: application, credit report + appraisal = funding! 

Conditional Approvals issued in 24 hours!  

Fast closings with minimal documentation and paperwork in under 30 days! 


MULTI-FAMILY APARTMENTS 

MIXED USE COMMERCIAL/RESIDENTIAL  

OFFICE BUILDINGS 

MEDICAL OFFICE 

STRIP CENTERS 

RETAIL SHOPPING CENTERS (Anchored, Regional Tenants or Local Tenants OK)

WAREHOUSE/INDUSTRIAL 

SELF-STORAGE FACILITIES 

AUTO SERVICE AND REPAIR 

DAYCARE 

RESTAURANTS, BARS 

SINGLE TENANT COMMERCIAL 

SPECIAL USE BUILDINGS

 

Purchase, Refinance, Unlimited and Unrestricted CASH OUT 

75% LTV Max 

80% LTV case-by-case with excellent credit

Minimum 600 Fico Score  (program available with no minimum credit requirement)

30 YEAR Commercial Mortgage, 30 Year Amortization and Term

NO PROPERTY DEBT SERVICE COVERAGE FOR REFINANCE LOANS UNDER $500,000

NO PROPERTY DEBT SERVICE COVERAGE FOR PURCHASE LOANS UNDER $750,000


A PERFECT alternative to bank’s rigid lending guidelines and excellent fit for the self-employed borrower or investors with less than optimal credit scores;


NO TAX RETURNS - NO PROOF OF INCOME

NO PERSONAL DEBT SERVICE COVERAGE REQUIREMENTS

NO INCOME VERIFIED

NO ASSETS VERIFIED (for purchase will verify down payment)

NO W2s - NO PAY STUBS  

NO YTD PROFIT & LOSS 

NO 12-24 MONTHS BUSINESS BANK STATEMENTS 

NO 4506 - NO BALLOON PAYMENT   

NO MAXIMUM NUMBER OF PROPERTIES OWNED   
NO EMPLOYMENT VERIFICATION

OK FOR SALARIED/W2’D BORROWER


We also provide ASSET BASED FAST CLOSE BRIDGE LOANS – East Coast Lending is our focus from Florida thru Maine along the Northeastern Corridor preferred. 


Call to review your financing scenarios with our deal team at 610-578-0715.