Alternative Bank Solutions for Business Owners and Investors

 

Full Doc Loans: 

  • Loans from $250k - $2.5 million

  • Rates as low as 5.750%

  • Minimum required credit score 650

  • 30-year fixed rate loans now available

  • Maximum LTV 80%

  • Minimum DSCR 1.15

  • Property Types: multifamily, mixed-use, office, retail, light industrial, self-storage, automotive, mobile home park, daycare center, restaurant, bar, and warehouse property.

  • Get your loan in process with just a $500 deposit.

  • Unlimited Cash-out.

       

Lite Doc Loans:

  • Loans from $250k - $2 million­­

  • Rates as low as 6.000%

  • Minimum required credit score 650

  • Maximum LTV 80%

  • Minimum DSCR 1.15

  • Solutions for investor and owner-occupied deals

  • No tax returns or 4506T required: bank statement option

  • Property Types: multifamily, mixed-use, office, retail, light industrial, self-storage, automotive, mobile home park, daycare center, restaurant, bar, and warehouse property.

  • Get your loan in process with just a $500 deposit.

  • Unlimited Cash-out.

No Doc Loans:

  • Loans from $100k - $300k

  • Rates as low as 5.875%

  • Minimum required credit score 650

  • Maximum LTV 75%

  • Minimum DSCR 1.15

  • No tax returns, bank statements, leases, rent roll, or historical operating statement required*

  • Property Types: multifamily, mixed-use, office, retail, light industrial, self-storage, automotive, mobile home park, daycare center, restaurant, bar, and warehouse property.

  • Get your loan in process with just a $500 deposit.

  • Unlimited Cash-out.

Short-Term Bridge

  • Term: 12 Month & 18 Month Loans

  • Loans from $50k – $2.5M

  • Minimum required credit score 600

  • Minimum Property Value: $75k

  • Rates as low as 7.99%

  • LTV for Purchase: Up to 85%

  • LTV for Refinance: Up to 70%

  • LTV for Cash-Out: Up to 65%

  • Property Types: Residential 1-4 Units; Condos; Townhomes; 5+ Unite Apartments; Mixed-Use Properties

  • Occupancy: Non-Owner Occupied

After Repair Value (ARV) Loan Program

  • Term: 12 Months

  • Loans from $50k – $2.5M

  • Minimum required credit score 600

  • Minimum Property Value: $75k

  • Rates as low as 7.99%

  • LTV: Up to 75% of After Repair Value

  • LTC (Loan-to-Cost): Up to 85% of Purchase Price, Up to 100% of Rehab Costs

  • Property Types: Residential 1-4 Units; Condos; Townhomes; 5+ Unite Apartments; Mixed-Use Properties

  • Occupancy: Non-Owner Occupied

  • Termination Fee: 1% After Month 9

  • No Pre-Pay Penalty

  • Prior Experience Preferred

Buy-to-Rent Loan Program

  • Term: 24 Months with 6-Month Extension Option

  • Loans from $50k - 2.5M

  • Minimum required credit score 660

  • Minimum Property Value: $75k

  • Rates as low as 7.99%

  • LTV for Purchase: Lesser of up to 75% of the As-Is Value or Up to 75% Loan-to-Cost

  • LTV for Refinance: Up to 70%

  • LTV for Cash-Out: Up to 65%

  • Property Types: Residential 1-4 Units; Condos; Townhomes; 5+ Unite Apartments; Mixed-Use Properties

  • Occupancy: Non-Owner Occupied

  • Pre-Pay Penalty: 5% Prior to Month 6

  • Extension Fee: 1% for 6 Months

Long-Term Rental Loan Program

  • Term: 30 Years

  • Loans from $75k to $5M

  • Minimum required credit score 620

  • Minimum Property Value: $100k

  • Rates as low as 5.50%

  • LTV for Purchase: The Lesser of up to 80% of As-Is Value or up to 80% Loan-to-Cost

  • LTV for Refinance: Up to 80%

  • LTV for Cash-Out: Up to 75%

  • Property Types: Residential 1-4 Units; Condos; Townhomes; Planned Unit Development (PUD)

  • Pre-Pay Penalty: Prepays adjustable up to 5 years

Call us today so we can match you with a program that will fit your funding needs!

lending programs

© 2018 KJ Investments 

All Rights Reserved.

Contact us: 

PH: 832.945.1502

Kevin@kjinvestments.net