🏠 Need a loan for your client to purchase or refinance their owner-occupied property but struggling with less-than-perfect credit? No worries, we've got you covered! 💪
💰 At Accelerated Lending Group, we make private hard money loans EASY for borrowers with less-than-perfect credit! 🙌
👉 Our program helps mortgage originators stand out from the competition and establish themselves as experts in private hard money loans for owner-occupied properties, leading to increased referrals and business growth. 💼
📈 Don't let changes in the market affect your loan volume, partner with us and maintain or even increase your business despite fluctuating interest rates or tighter lending guidelines!
👉 Contact us today to learn more about our owner-occupied program and how we can help you achieve your financial goals. 💰
PROGRAM HIGHLIGHTS - CALIFORNIA ONLY
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
Late Payments Ok*
Foreclosure Ok*
Bankruptcy Ok*
Lend to LLC Or Corporation Ok*
First-Time Home Buyers Allowed*
ITIN OK*
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
Contact Us About Your Scenario
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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*
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PURCHASE
Up to 65 - 75% LTV* - case by case basis*
Seller Contributions Ok*
Minimum loan amount 100K*
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 100K*
Loan amount up to 2 million*
REFINANCE CASH-OUT
Up to 60 - 70% LTV of the property value - case by case basis*
Minimum loan amount 100K*
Loan amounts up to 2 million*
INITIAL SUBMISSION CHECKLIST
Initial Submission Form & Checklist (See ToolBox Below)
Complete 1003 (Submit in MISMO 3.4 Format)
Credit report within 60 Days of submission (All Pages)
Copy of Valid Drivers License
Copy of Social Security Card or ITIN CARD
Copy of most recent 30-day pay stubs
2 Year's most recent W2s / 1099
2 Years' most recent complete tax returns
Pension Award Letter (If Retired)
Social Security Award Letter (If Retired)
Copy of divorce decree & most recent 12 months canceled child support checks or bank statements (If using child support income)
Fully executed purchase agreement (If Applicable)
Copy of subject property insurance
Copy of most recent mortgage statement
Statement of Information (See ToolBox Below)
TOOLBOX (Downloadable PDF Forms Below)
Rent Roll Form (If Applicable)
LE / UW
New Files (Purchase): 1-2 Business Days
New Files (Refi): 1-2 Business Days
Conditions: 1-2 Business Days
Clear To Close
CTC CD Issuance: 1 - 2 Business Day
Loan Docs
Schedule at least 3 business days out from the signed CD
