NMLS ID:1747872

 

 

 

© 2018  BEACON POINT MORTGAGE SOLUTIONS, LLC 

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Terms of Use 

LOAN PROGRAMS & RATES expressed are representative of some product offerings but are subject to CHANGE at anytime.

*Florida Second Home Specialist is not a state designation nor a Florida State endorsement.

“THIS PRODUCT OR SERVICE HAS NOT BEEN APPROVED OR ENDORSED BY ANY GOVERNMENTAL AGENCY, AND THIS OFFER IS NOT BEING MADE BY AN AGENCY OF THE GOVERNMENT.” 

Instead this service reflects the scope of our work and commitment to make it easy for out of state residents to finance a second residence in Florida.

 

Call us! 800-466-0664

Stated Income Loans

How do Stated Income Loans work these days?

Same as in the old days. You tell us how much you make or the income generated from investment property and we take you at your word! EXCEPT,  today lenders definitely want to protect themselves from liars. 

 

How do lenders protect themselves from liars, you might ask?  Easy, they are more conservative on how much they decide to lend you with reduced loan to value limits and  lenders verify your ability to pay back your loan by either assuring that assets are on hand that can be depleted within the next five years to cover installment payments or lend based upon  FICO scores which demonstrates a borrowers historical strength to repay creditors. Debt coverage service ratio for investment property is also more conservative.

Call Jumbo Jen and ask about Beacon Point's Stated Income Loans!

  • No Reserves

  • Up To 75% LTV

  • $5,000,000 loan amounts

  • Interest Only payment available 

  • No Pre Payment Penalties

  • Stated Income for 1 – 4 unit properties:

    • Investment

    • Business purpose O/O

    • Foreign Nationals

    • Fix & Flip

Stated Income Loans

Jumbo Jen
NMLS No. 1644187

More Money- Easy Financing

GET IN TOUCH

We'd love to hear from you

JennferBlanc

@beaconPointMortgaeSoutions.com

800-466-0664

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