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**PRIVATE MORTGAGES. Mortgage for Self employed. Stated income** (KAMLOOPS)

license info: BCFSA
Mortgage rate promotion. Stated income.

6.39% 3 years fixed rate mortgage under Stated Income Program.

Up to 80% of the property value. Purchase and refinancing.

For self employed only need to show 6-12 months bank statements with deposits from business and business registration. No tax return required. Commission income (good for realtors who can't show high income on tax return). Tips and cash income also accepted, as long as money deposited to account. Bad credit OK.

For employees lender use extended ratio up to 60% from the gross income can be used for mortgage payments ( regular mortgages 39%). One time 1% lender fee. No fee on renewals.


Other mortgage products:

PRIVATE MORTGAGES. We can fund very fast, don't need any income verification, and no upfront fee.
Rates from 8%.

HOME EQUITY LINE OF CREDIT (HELOC).
HELOC can be register as first or second mortgage, and based purely on the equity in your home. No income verification required at all. Only need mortgage application, and appraisal ordered by the lender. Appraisal paid by the borrower, upon receiving mortgage commitment.
Up to 75% of the property value, up to $1m.

HOME EQUITY VISA is another great product. It's registered as a 1st or 2nd mortgage, for up to $1m. Rate from 8.99%, and clients get 1% cash back on purchases. For this product lender wants to see business registration, and confirmation that business actually makes money (business bank statements showing deposits, paid invoices etc). Don't need to show tax return.

REVERSE MORTGAGES:
I have access to many lenders offering reverse mortgages, and can help you to choose the best option. Rates and set up fee are important, but there are other factors to consider as well. I can also arrange private reverse mortgage without age restriction.

Alex Vinarski
Mortgage Specialist Invis Inc
Realtor, Team 3000 Realty Inc.
Tel: show contact info
www.privatemortgagevancouver.com

post id: 7755614483

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