Business Owners/Self Employed

FLEXIBLE MORTGAGE SOLUTIONS FOR HARD WORKING BUSINESS OWNERS

Whether we are talking about complicated tax returns for multiple businesses or the inability to provide any returns at all. At Formula Mortgage Capital Corporation, we are dedicated to provide residential financing to our hard working clients. Our focus is a common-sense approach to underwriting with innovative program options that enable us to meet the needs of business owners, small and large, whose complex personal finances do not fit into narrow guidelines. We are committed to offering solutions to buyers of:

• Primary residences
• investment properties
• second homes

We work as a team; with you, your accountant, business and finance manager to help you, a well-qualified buyer obtain well deserved financing. We handle the details of your mortgage so you can concentrate on running your business

• 12 or 24 month Business or personal bank statements
• No tax returns required
• Owner-occupied, 2nd homes, and investment properties
• Loan Amounts $15,000,000
• 95% LTV available
• DTI up to 50%
• Credit Scores as low as 600
• No MI on LTV’s >80%
• Interest Only loans available
• SFRs, townhomes, condos, 2-4 units
• Non-warrantable condos considered
• No limit on number of properties financed
• 40 year amortization available
• Pledged assets
• Cross collateralized loans
• Vesting in all types of Trusts, LLCs, Corps and Partnerships
• Bridge