No doc commercial loans now available

Don’t let tax return requirements keep your clients from getting the commercial loan they need.

Expand your product offering with reduced documentation options designed for today’s small-balance borrower. With unique programs geared toward investors and small business owners, Silver Hill gives you more opportunities to close non-bankable scenarios in your market.

 Lite Doc Investor
Program
Stated Owner-Occupied
Program
Bank Statement
Program
DocumentationAppraisal and property cash flowExperian Business Credit Report and property cash flow12 consecutive months of business bank statements
Loan Amounts$250,000 - $2 million
$250,000 - $2 million$250,000 - $5 million
OccupancyInvestorOwner-OccupiedOwner-Occupied
Terms5/7-Year Hybrid or 30-Year Fixed5/7-Year Hybrid or 30-Year Fixed5/7-Year Hybrid or 30-Year Fixed
Rates6.000%+6.000%+5.750%+
Min. FICO650650650
Max LTV80%80%80%
Min. DSCR1.151.151.15
When does this solution make sense for borrowers?

Top 3 Cases

  • When self-employed professionals report lower income for tax reasons
  • When business owners struggle to show consistent growth through tax returns (but can prove success through bank statements)
  • When borrowers require more general flexibility than a bank is willing to provide

Case Study

Closed Loan in Cocoa Beach, Florida

Multifamily | $415,000
PROBLEM

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.

SOLUTION

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.

Success Stories
Mixed-Use | $400,000

An investor in California wanted to take cash out of their mixed-use property and they needed a quick closing. Thanks to Silver Hill, the borrower was able to lock in a great rate – despite the fact that they never produced tax returns during the transaction.

Case Studies

Multifamily | $456,000

A group of investors wanted to purchase a recently stabilized multifamily property after a full remodel. Silver Hill was able to approve the loan despite the stabilization issues and allowed the investors to purchase the property with just a 20% down payment.

Case Studies

Light Industrial | $1,190,000

A business owner wanted to execute a cash-out refinance but they were denied SBA financing. Thanks to Silver Hill’s Bank Statement Program, the borrower was able to get approved without having to submit tax returns.

Case Studies

Retail | $700,000

Silver Hill was able to provide the perfect alternative solution for this business owner after their bank decided not to approve their refinance request.

Case Studies

Have a Deal Right Now?

Tell us about your commercial loan scenario here. One of our mortgage experts will be in touch with next-step information soon.