New World’s feature product is Stated
Income Stated Assets Underwriting.
We fund on multi – family properties from
$125,000 - $5,000,000 and on small commercial properties from
$125,000 - $5,000,000, offering faster closing times (30 – 45
Days), Higher Loan to Value ratios (85% LTV;
90% CLTV), Minimum Credit requirement of 575,
and Fully Amortized terms (15, 20, and 30
Years).
Traditional banks and funding institutions
simply cannot offer such innovative and flexible programs.
Typically they will take 90-120 days to close, offer lower
loan to value ratios, and have more stringent credit score
requirements. Knowing all of this why would you go anywhere
else but New World?
Another of our feature products is Full Doc
Underwriting. This is mainly focusing on what is known as,
the A+ Borrower. This product is developed for borrowers
with excellent credit history, and positive cash flow. We
fund on multi – family properties from
$125,000 - $10,000,000 and on small commercial properties from
$125,000 - $10,000,000. Offering faster closing times (45 – 60
Days), Higher Loan to Values (90% LTV; 95%
CLTV), and fully amortized terms (15, 20,
and 30 Years).
Brand NEW product 97% LTV, Full Doc., 680
mid.,owner occupied, Tier 1 and 2 properties, max. loan amount
1 million.
Here is an example of how New World can benefit
YOU!! |
