Closed Loan in Irvington, New Jersey
Property Type: 2-4 Family
Loan Amount: $287,200
Location: Irvington, NJ
Broker Made: $8,616
An investor in New Jersey wanted to purchase a multifamily property and sought a reduced documentation solution that would not require tax returns.
Thanks to Silver Hill’s Lite Doc program, the borrower was able to purchase the property with just a 20% down payment. They were able to complete the process without ever providing tax return documentation.