Conventional 1% Down Payment Program That Takes You One Step Closer to Purchasing Your Home
Everyone whether from Santa Rosa, CA, or elsewhere wants their dream home affordably. Seemed impossible before, especially for those in low-income households, who earn below 80% of the AMI. Not anymore, as Pacific Wholesale Mortgage’s Ben Mendoza, one of the prominent licensed loan officers is here with his conventional 1% down payment program, that caters to people with incomes at 80% AMI or below that. You just have to do one thing, contribute only 1% towards the downpayment, as the rest of the 2 percent will be added by the lender, reaching a minimum of 3%. Ever heard of homeownership that easy? No! It doesn’t end here. Get in touch for more.
DSCR Loan Program That Finances an Array of Properties
Some mortgage providers ask for income, employment, and tax returns for a mortgage applicant to qualify. But not with Pacific Wholesale Mortgage’s DSCR loan program. Based in Santa Rosa, CA, and run by Ben Mendoza, one of the top licensed loan officers in the region, we only ask for the cash flow generated by the desired or subject property. Moreover, our DSCR loan program offers quick closing times, a credit score of at least 620, and a loan-to-value ratio of 85%. Foreign nationals, need to have an LTV of 75%, and last but not least we welcome novice investors. So, try our DSCR loan program which offers multiple benefits.
Our Bank Statement Loan Program Doesn’t Require Your Tax Returns
W-2s and tax returns are required for traditional loans. What if you didn’t have those? Mortgage providers like Pacific Wholesale Mortgage still have a solution. They offer alternative documentation loans also known as bank statement loans, which don’t require W-2s and tax returns. Rather you, need to submit your bank statement of 12 or 24 months. Our bank statement loan program requires you to have a credit score of 620 at least. Moreover, it gives immense buying power helping people in Santa Rosa, CA, to qualify for larger loans who have been rejected by other lenders due to write-offs and deductions. So, get in touch with Ben Mendoza for further insight into our bank statement loan program.
