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STATED INCOME & STATED ASSET Commercial R.E. financing (NY)


Date: 2009-11-05, 9:47AM EST
Reply to: see below


This STATED INCOME/STATED ASSET commercial mortgage program may be the best - and only - option avialable to self-employed borrowers in this economy.

The rates of this institutional product are somewhat higher than a commercial bank but FAR superior to a private financing. And, we are still closing loans! How many banks can say that right now?

This product also features
1. 25 Year Fixed Rate term
2. Adjustable Rate option based on Prime
3. Loans up to $400,000
4. Many types of commercial real estate acceptable as collateral
5. Typical rates: 9.50% ARM and 11% fixed, with a 25 year term (NO balloon)
6. Minimum credit score: 600

No cost Pre-Approvals available. Simple process. Please call me to discuss.

Joseph Mottola
Vista Mortgage Co.
200 Sutton St. Office Suite 235
North Andover MA 01845
800 684 4490
Fax 978 688 4490
jmottola@vistamtgcorp.com
www.vistamtgcorp.com

Vista Mortgage is a mortgage broker. Restrictions apply and rates/terms can change at any time. All applications are subject to underwriting approval.


PostingID: 1452413761

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