PROGRAM HIGHLIGHTS - CALIFORNIA ONLY

• No Minimum DSCR Needed*

• No Minimum Fico Score Required*

• No Tradeline Requirements*

• No Reserve Requirements*

• No Seasoning Of Down Payment Required*

• No Seasoning Of Closing Costs Required*

• No Seasoning On Rate & Term*

• No Seasoning On Cash-Out*

• No Restrictions On Gift Funds*

• No Rate Locks To Worry About*

• No Prepayment Penalties*

• No Early Pay-Off Penalties*

• No Impounds Option Available*

• Late Payments Ok*

• Foreclosure Ok*

• Bankruptcy Ok*

• Lend to LLC Or Corporation Ok*

• First-Time Investors Allowed*

• Interest-Only Programs Available*

• ITIN OK*

• Max 4 Units*

• Vacant Properties Okay*

Why Partner With Us

• Local Decision Making Allows Us To Give An Initial Approval (Quick Answers)

• We Can Usually Tell You Immediately If We Can Be Your Lender

• Click Below or Call Us About Your Scenario

Upon receipt, the file will be reviewed and any missing items will be requested.*
 Incomplete files will not be submitted for approval.*
Once the file is approved, An updated conditions list will be emailed with any outstanding conditions.*
Our approval is subject to the information presented on the Initial submission.*
Should the final package be different than the Initial submission, your loan terms, rate & approval might differ.* 

Disclaimer: All loans are subject to the marketability, quality & condition of the subject property for approval.*
The programs advertised are not a commitment or guarantee from Accelerated Lending Group to lend.*
Programs, rates, and other terms and conditions are subject to change without notice, some restrictions apply*

PURCHASE

• Up to 65 - 75% LTV of the property value - case by case basis*

• Seller Contributions Ok* 

• Minimum loan amount 50K*

• Loan amounts up to 2 million*

RATE & TERM REFINANCE

• Up to 60 - 70% LTV of the property value - case by case basis* 

• Minimum loan amount 50K* 

• Loan amounts up to 2 million*

REFINANCE CASH-OUT

• Up to 60 - 70% LTV of the property value - case by case basis* 

• Minimum loan amount 50K* 

• Loan amounts up to 2 million*

INITIAL SUBMISSION CHECKLIST

• Initial Submission Form & Checklist (See ToolBox Below)
  

• Complete 1003 (Please submit in MISMO 3.4 Format)

• Copy of credit report within 60 Days of submission (All Pages)

• Copy of Valid Drivers License

• Copy of Social Security Card or ITIN CARD

• Copy of the borrower’s most recent first page only of the tax return.

• * If the property is (or will be) in the name of an LLC, Corporation, Trust, Estate, etc. then we will need all documents pertaining to that entity (EIN #, Articles of Incorporation ). (The loan application package needs to be completed by the person who will be signing for the entity)

• Statement of Information (See ToolBox Below)
  

• Fully executed purchase agreement (If Applicable)

• Copy of subject property insurance

• Copy of most recent mortgage statement (For refinance loans)

TOOLBOX (Downloadable PDF Forms Below)

• 1-4 Unit Business Purpose Submission Form & Checklist

• Statement Of Information Form (English)

• Statement Of Information Form(Spanish)

• Rent Roll Form (If Applicable)

INITIAL MLDS/UW

New Files (Purchase): 1-2 Business Days

New Files (Refi): 1-2 Business Days

Conditions: 1-2 Business Days

Closing

CTC MLDS Issuance: 1 Business Day

Loan Docs
Schedule at least 1 - 2 business days out from signed CTC MLDS