Non-Qualifying Loans

Non-Qualifying Loans

Address: 27001 Agoura Road Suite 200 Calabasas Hills, CA 91301
91301
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About Us

Athas Capital Group’s genesis was driven by the belief that there was an underserved Non-Prime market. Founded in 2008 with nearly 50 years of experience in all facets of real estate lending, the market was in need of a lender who understood the complexity of serving borrowers deserving of credit but did not fit the conventional lending box. Our flexible products offer financial solutions to meet these challenges, with options for both owner occupied and non-owner occupied residential properties in 45 states…and growing. Athas Capital Group also offers financing for income-producing commercial properties, including multi-family, mixed-use, office and retail buildings.

 

Loan Products

Non-Prime Owner-Occupied Consumer Purpose

For the owner-occupied borrowers with less than perfect credit, challenges with proof of income or just need to close quickly. ACG offers consumers the ease of finance with lower than expected rates. This program varies between traditional income documentation to alternative forms of proof of income documentation. Athas even finances borrowers with fico scores as low as 550! Our maximum DTI is as high as 55% with LTV’s as high as 90%. We offer a creative solution for hard to finance owner-occupied homes.

  • Alternative Doc: VOE only, 1099 only, K1 only, P&L only (no bank statements)
  • Traditional Alt Doc: 12 and 24 months personal or business bank statements
  • Traditional Full Doc: W2’s & Paystub (wage earner), 1040’s (self-employed)
  • $50,000 – $4,000,000
  • Lending to Individuals and Trusts
  • 5/1, 7/1 arms and 30 year fixed
  • DTI’s up to 55%
  • LTV’s up to 90%
  • No liquid cash reserves needed up to 85% ltv
  • Rates as low as 4.50%
  • 100% Gift Funds – OK
  • Gift of equity-OK
  • Non-Warrantable Condo – OK
  • Condotels – OK
  • Lease Option Buyout using current appraised value – OK
  • Rural Properties – OK
  • Green Card Holder – OK
  • ITIN borrowers – OK
Lending Territory

Residential: Nationwide except: AK, AR, DE, DC, IN, IA, MI, MN, NV, ND, OH, PA, RI, SD, VT 

Non-Prime N/O/O Business Purpose

Borrowers looking to refinance N/O/O SFR, Condo, and 2-4-unit properties can look for some of the best rates in the Non-QM industry with our Business Purpose Program. Long term (30 years) loans with NO balloon payments and Interest only options are available. You can count on many options for prepayment privileges and impounding for your property taxes/insurance.

Long Term Hard-Money Bridge

Borrowers looking to refinance N/O/O SFR, Condo, and 2-4-unit properties can look for some of the best rates in the Non-QM industry with our Business Purpose Program. Long term (30 years) loans with NO balloon payments and Interest only options are available. You can count on many options for prepayment privileges and impounding for your property taxes/insurance.

Hard-Money Bridge

Every borrower deserves a loan, and with our bridge loan product they can get it. Those borrowers looking to refinance N/O/O SFR, Condo’s, Condotels, and 2-4-unit properties, we have a loan for them. We even finance properties in rural areas and those with minor deferred maintenance. With increased loan amounts and just about any credit profile, ACG is the home for your next bridge loan request. Our bridge products are usually used by Real Estate owners that only want to borrow money for a short period of time (up to 36 months), then want to exit out of our loan to obtain bank financing.

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(877) 877-1477
Address: 5550 Glades Road
Boca Raton, FL 33431
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About

Partner with America’s FASTEST Hard Money Lender

Capital Funding Financial is a family operated DIRECT PRIVATE LENDER! Loans are closed in as little as 3-7 Days with our 24 HR streamlined internal approval process and in house legal. A+ Rated with the BBB. BPO’s allowed. No minimum credit requirement. Sweet Spot = SFR, Multifamily, Ground Up Construction, Office, & Retail Bridge Loans from 75k to 15 M. Our Customers Love US!

Loan Programs

Residential Lending

Hard Money

We make decisions in-house. Extreme flexibility. Preliminary decisions within 24 hours.

Contact:  David DiNatale

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(866) 999-2011
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Address: 1905 Kramer Lane
B-700
Austin, TX 78758
78758
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Our Rental360 Loan Program is perfect for the professional investor looking to grow their portfolio of single-family rental properties

Rental360 Features

  • Full 30 year terms, no balloons
  • Streamlined qualification process emphasizing property
    level cash flow
  • No tax returns required
  • Up to 70% LTV for Refinances and 80% LTV for Purchases
  • Simple haggle-free pricing you can depend on
  • Protect your identity and other assets by borrowing in
    a corporate entity
Highly Specialized in Rental Loans

Visio Lending’s laser-like focus and rental loan expertise simply cannot be matched. Would you go to a foot doctor for a headache? Or an employment attorney for a divorce? There is something to be said for going to a specialist for the specialty you need.

Another clear benefit of choosing a specialized rental lender instead of financing all of your investments, such as your fix and flips, through one lender: avoiding cross-default provisions. Essentially, through a cross-default provision, if a borrower fails to pay interest or principal on time for one loan, the lender has the right to default the borrower on all of their loans. Fix and flips are risky investments even for the best lenders, so it is always good practice to keep your rentals elsewhere.

Cash Flow Based Lender

Rather than look at the personal income of our investors, Visio looks at the monthly cash flow generated by the property compared to the debt. We do this using a metric called Debt-Service Coverage Ratio (DSCR). DSCR is calculated by dividing the monthly rent by the monthly principal, interest, taxes, insurance and association dues (PITIA).  A DSCR of 1 indicates the investor is breaking even, and anything above a 1.2 is considered solid. Many investors that own multiple mortgaged rental properties have too much “debt” to qualify for traditional financing, so using DSCR rather than DTI enables them to acquire more rentals.

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888.521.0353
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