Nationwide

Stated Income (Streamlined Process)

No Tax Returns Required

Schedule E only required for Investor Properties providing a 1.20x debt service coverage

Minimum Credit Score -

Owner Occupied: 660 min FICO

Investor: 680 Min FICO

Loan Size -

$200,000 Min -$500,000 Max

Terms -

10 Year Balloon

Amortization-

Interest Only

Max Loan to Value Ratio -

80% LTV <= $250K - Owner Occupied

75% LTV <= $250K - Investor

70% LTV $250K-$500K - Owner Occupied & Investor

Pre-payment -

$750 if closed within 36 months

Fees -

Origination fees vary depending on loan size and is due at application (fully refundable if loan is not approved). Annual Fee of 0.25%, waived the first year.

 Please call for details.

Collateral -

Property value max $2 Million

First Mortgage or Second Mortgage on subject property including:

• Retail

• Office

• Light Industrial

• Warehouse

• Retail

• Mixed Use

• 5+ Multifamily (Apartment Buildings)

• Special Purpose (60% LTV Max)