📣 NOT ALL SPECIAL PURPOSE/MIX USE LOAN PROGRAMS ARE THE SAME - CALIFORNIA ONLY 🌴 

🏦 Is your client struggling to qualify for a loan to purchase or refinance a special purpose/mix-use property in California?
Our Accelerated Lending Group's special purpose/mix-use loan program could be the solution! 💰
 

👀 With our program, your client can qualify for a loan based on the "As Is" value of the property, with minimal documentation requirements. 📈 

💼 As a mortgage originator, offering private hard money loans through this program can help you differentiate yourself from competitors and position yourself as an expert in this type of financing, leading to increased referrals and business growth. 📊 

📈 Don't let market changes affect your loan volume. Contact us at Accelerated Lending Group's special purpose/mix-use loan program and watch your business grow! 🚀

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*

  • 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

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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*

PURCHASE

  • Up to 65 - 75% LTV 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 case-by-case basis* 

  • Minimum loan amount 50K*

  • Loan amounts up to 2 million*

REFINANCE CASH-OUT

  • Up to 60 - 70% LTV case-by-case basis* 

  • Minimum loan amount 50K*

  • Loan amounts up to 2 million*

INITIAL SUBMISSION CHECKLIST

  • Initial Submission Form & Checklist (SeeToolbox 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 (SeeToolbox Below)

  • Fully executed purchase agreement (If Applicable)

  • Copy of subject property insurance

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

  • Can the property be used for multi-purpose per current zoning?

      TOOLBOX (Downloadable PDF Forms Below)

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