MULTIFAMILY NO-DOC PROGRAM
This program has been designed for all your self-employed/nonbankable borrowers. Tax Returns are required for verification purpose only.
1. 888. 358 . 3444 WWW.METWESTONLINE.COM
GENERAL PARAMETERS
MULTIFAMILY & MIXED USE
Loan Amount
$100,000 to $3,000,000
Amortization
Up to 30 years
Maximum LTV
75% LTV
Subordinated Financing
Not available
DSCR
1.25x
Minimum Fico Score
650 Middle Score
Fixed Period
3 & 5 Years Options
Rate Structure 2% Initial, 1% per 6 month., 6% Life Cap Rates starting at
7.49% Fixed for 3 Years
Rate Lock
Until Loan Docs are drawn
Personal Recourse
Required
Prepayment
Equal to the fixed period
Nationwide, States Prefferred FL, NY, NJ, CA,TX, CO, PA, NC, SC,TN Transaction Type
Purchase, Refinance, Cash Out Refinance
Eligible Property Types
5 + Units on Multifamily Mixed-Used 50% + Residential 50% Commercial
Brokers
Protected, Rebates up to 2%
Metwest is a Correspondent Lender financing small-balance commercial properties nationwide
BROKER REBATES UP TO 2%