We just introduced a new refinance program for rental home owners that only requires a lease agreement and appraisal to qualify.
No tax returns required.
As long as the rent is higher than your new mortgage payment, the income is approved.
This is a great way to lower your interest rate and/or take cash from your equity and
improve the property or pay off some high interest credit cards. These are not Hard Money rates.
Licensed Lender John Mancebo 714-501-8089 NMLS 396950
MORTGAGE NOTICE: This is not a commitment to lend or extend credit. Restrictions may apply. Information and/or data is subject to change without notice. All loans are subject to credit approval. Not all loans or products are available in all states. Licensed by the CA Bureau of Real Estate: License #01943736. MLO# 1132583
Key words- No income, stated income , cash out , rental , loan , Mortgage , Borrow , cash , Lend, Hard Money
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