Checklist
- Property
Address
- 1003 Uniform
Residential Loan Application
- Employment
Information
- If Full
Documentation - Tax Returns.
- Most Recent
Two Months Bank Statements.
- In Certain
Instances lenders will require upto 12
months bank statements and cancelled
checks.
- Proof of
Insurance
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Residential
Owner Occupied Home Loans:
Beverly Hills Mint also specializes
in the placement of residential
mortgages over $1 Million for Single
Family Residential (SFR).
You
can go Stated - Income (which is
becoming extinct now)
Or
Full documentation with 2 years full
tax returns.
Interest rates really range on your
tax return strength and liquidity
including LTV on the property
itself.
For purchase transactions over
$1,000,000 we are still doing 80%
Loan To Value.
For Loan amounts over $10,000,000
the LTV will be capped at 65%. Their
are exceptions here, but it is rare.
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