Can I Sign Florida Banking PDF

Can i industry sign banking florida pdf easy

[Music] hey guys it's uh angelo christian coming today talking about the no income verification asset based loan so if you're out there and you're trying to buy real estate we have a special loan program for you where you actually don't need any income verification at all okay it's a wonderful program has great terms low rates it's not a hard money loan it's a no income verification loan and sometimes you know this type of loan makes a lot of sense i'm going to give you a lot of examples of when i've helped people where other lenders couldn't help somebody and i was able to come up with a solution with a no income verification loan so they today that's actually what we're talking about so if you're somewhere out there and maybe you can't verify your income maybe you're retired maybe you're self-employed we have special no income verification loans for you and we want to talk about that today because you can still get a mortgage and you don't have to pay a high interest rate or put all of your savings down to buy your home or pay a house in cash why would you want to do that with rates so low so today we're talking about a no income verification mortgage loan for you okay so basically what this means is that you don't have to have tax returns you don't have to have w-2s you don't have to have pay stubs you don't have to have bank statements to verify your income this is for somebody that they can't document their income maybe for their from foreign income foreign assets they're retired maybe they sold their company whatever the reason is but you have a lot of assets right i'll give an example of a loan that we just did for somebody in florida this is a case study a true case study of a client that we served they had a 700 credit score and they were retired so they had about six million dollars in the bank so they had six million dollars in the bank account and they want to purchase a three million dollar condo in fort lauderdale okay they're retired they have no income coming in and so they're not making a check every single month like you know you and i are working they have no money coming in but they have six million the bank and their lender denied them for the loan so they could not get approved because they don't have tax returns so we have a program here just asset based because their assets they're going to put down they're going to put down 30 percent they're putting 30 percent down so so they're going to finance the loan is going to be for 2.1 million okay and the interest rate was at five and a half percent five and a half percent rate so the loan is for 2.1 million and they have six million in cash the way this loan program works if your assets your liquid assets are greater than or equal to the loan then we can do an asset based loan for you and you only have to put down a minimum of 30 down you can put more money down but the minimum is 30 percent down some 30 to 35 percent depending on the type of property the location most people are putting 30 to 35 down and you don't need any income verification you get a low the interest rate is only five and a half percent it's a 30-year loan 30-year loan you can pay it off whenever you want there's no prepayment penalty there's no balloon no income verification no bs no rigor more if you have assets greater than the loan amount uh just one time greater then you can get approved for the no income verification asset based loan so if you're like i said you can't verify your income you got a ton of liquid assets uh we'd love to help you it's a great loan program uh where you have heavy assets you know a lot this works really well for retired people that want to buy a house so basically the the main requirements are you know you got to have decent credit you know you want to have at least a 650 or a higher credit score we do this program nationwide our maximum loan right now we can go up to 10 million for this depending on where you want to purchase um but the main requirement is to have one x or one times greater than the loan amount after your down payment and closing costs um and then you can get approved for this no income verification home loan so if this is you and you're having a hard time getting funding from your lender your bank and they they can't do it or somebody's wanting to take you hard money you don't need to do a hard money you know you can call us at 832-431-6331 we want to hear from you and we want to be able to help you guys out so reach out to us nationwide whether you're in california hawaii florida texas you know new york it doesn't matter this is an awesome opportunity for you guys out there so reach out to us we want to hear from you