At Specialty Lending Group, we pride ourselves on our ability to get the tough loan applications approved and funded.
Getting your loan funded quickly and easily is what we do best:
Here are some of our recent Loan Approvals that we Funded:
Property Type: 4 Units (investment)
Transaction Type: Refinance
Loan Amount: $425,000
Loan-to-Value: 75.00%
Credit Score: 700+
Details: Lowered interest rate with a longer fixed term loan and improved cash flow. Used our No Doc program.
Property Type: SFR (investment)
Transaction Type: Refinance (Cash Out)
Loan Amount: $850,000
Loan-to-Value: 65.00%
Credit Score: 700+
Details: No Doc program needed – no income or employment history required. Established real estate investor.
Property Type: 3 Units (investment)
Transaction Type: Refinance (Cash Out)
Loan Amount: $600,000
Loan-to-Value: 44.41%
Credit Score: 616
Details: Long time real estate investor with no provable income documentation and missing lease agreements. Below average credit.
Property Type: 2 Units (investment)
Transaction Type: Refinance (Cash Out)
Loan Amount: $591,000
Loan-to-Value: 80.00%
Credit Score: 605
Details: Low credit score with little to no established credit. No positive open accounts showing, just collection and charge off accounts.
Property Type: 4 Units (investment)
Transaction Type: Purchase
Loan Amount: $788,000
Loan-to-Value: 90.00%
Credit Score: 621
Details: Lower credit score with recent auto repossession, collections and charge off accounts.
Property Type: Single Family
Transaction Type: Refinance
Loan Amount: $635,000
Loan-to-Value: 58.00%
Credit Score: 687
Details: The borrower was elf-employed and could not prove income using tax returns. We were able to use his most recent bank statement and a letter from his CPA stating he was self-employed.
Property Type: Single Family (investment)
Transaction Type: Purchase
Loan Amount: $405,000
Loan-to-Value: 75.00%
Credit Score: 573
Details: Lower credit scores, multiple late payments and collections account within the past 12 months.
Property Type: 2 Units
Transaction Type: Purchase
Loan Amount: $452,000
Loan-to-Value: 80.00%
Credit Score: 618
Details: Lower credit score with very little good credit history, mostly negative credit items from the past few years.
Are you ready to get your loan approved?
Call 800-607-1941 x220.
Posted by: Brian Bush
Since 1991, Brian and his team have funded thousands of Real Estate Loans.
You can reach Brian at 800-607-1941 x220 or bbush@slglends.com