|Lite Doc Investor|
|Documentation||Appraisal and property cash flow||Experian Business Credit Report and property cash flow||12 consecutive months of business bank statements|
|Loan Amounts||$250,000 - $2 million||$250,000 - $2 million||$250,000 - $5 million
|Terms||5/7-Year Hybrid or 30-Year Fixed||5/7-Year Hybrid or 30-Year Fixed||5/7-Year Hybrid or 30-Year Fixed|
When does this solution make sense for borrowers?
Top 3 Cases
Closed Loan in Cocoa Beach, Florida
An investor in Florida wanted to take cash out of their multifamily property but needed to work with a lender that wouldn’t require tax returns during any point in the transaction process.
Thanks to Silver Hill Funding’s Lite Doc Investor Program, the investor was able to secure a reduced documentation solution that made it possible to tap into the equity they had in their multifamily property.
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