No Income Check Mixed Use Program

The reason No Income Check loans exist for Mixed-use properties is because of vacancy issues. But that’s just one of many reasons why a no-income check loan is used for purchasing or refinancing a Mixed-use property. Lenders would like to ensure that the property can cover itself, but when a property is vacant, that poses a problem for banks. We offer the no-income check program to offset that.

• Max Loan amount is $50MM
• Upto 60 LTV
• Personal guarantee required
• LLC or Corp is fine
• No DSCR ratio is required
• 30-Year Term – not hard money
• 660 credit score requirement

If you feel you need a No-Income check loan for your mixed-use property, it is best to contact our office and speak with an expert.