200 Sutton Street • Suite 235 • North Andover, Massachusetts • 01845
Phone: 800.684.4490   Cell: 978.758.2186  Fax: 978.296.3473

email: jmottola@vistamtgcorp.com

Since 1993


EasyClose “Stated Income/Stated Asset” Commercial Program
– Your “Hard Money” and “Private Money” alternative

 

 

Loan amounts

$25,000 to $750,000

Transaction Types 

Purchase, Refinance, Cash-Out Refinance

Documentation

Stated Income/Stated Asset underwriting

Minimum Credit Score

None

Credit History 

Problem credit acceptable

LTV 

Varies, generally 70% or less

Program Structure

Fixed rate with a fully amortizing term, up to 25 years;

Prepayment Penalty

Yes (No lockout)

Personal Recourse

Yes

Property Condition

Poor and better

Property Types 

Apartments, Mixed Use, Office/Retail, Strip Malls, Hotels/Motels, Funeral Homes, Auto Body/Repair, Restaurants/Bars, Warehouse/Light Industrial 

Regions

All states EXCEPT: AL, AK, HI, NV, WV, VT, CA, NJ

 

Restrictions apply. Rates and terms are subject to change.

 



200 Sutton Street • Suite 235 • North Andover, Massachusetts • 01845
Phone: 800.684.4490   Cell: 978.758.2186    Fax: 978.296.3473

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