Business purpose and no-tax return loan programs designed specifically for residential property investors and high-end residential developers.Investment Property Loans, 1 – 4 and 4-16 Units.

W & J Financial Group has a deep understanding of real estate investors, and we underwrite investment property loans with or without tax returns. We leverage a variety of underwriting methods to assess which program best fits with your financial profile. This includes focusing solely on property cashflow or valuation. We also don’t limit the number of Properties you own. If needed we can close purchases in less than 30 days in many cases.

Alternatively, we offer programs with highly competitive interest rates that account for both rental property cashflow, as well as your income statement and balance sheet. Our lenders also make loans directly to LLC limited partnerships (LP) or corporations and provide interest-only adjustable-rate mortgages (ARM’s) with no limit to cash-out proceeds.
In addition, we offer interest-only loans that can massively aid property cashflow. Most loan programs for rental and investment properties carry no prepayment penalty. Rates are fixed from 5 years up to 10 years. Loan terms are 30 years.

In many cases these loans do not require tax returns as part of the underwriting process. The focus of the underwriting is centered around your credit score and the property rental income. For purchases, the appraiser will complete a rental survey unless the property is currently rented. The final loan amount will be determined by us after a review of the appraisal and the rental survey from the appraiser. This loan option is reserved solely for vacation rentals and investment property 1-4 unit single family homes.

Looking for a bank-financed or privately placed construction loan, construction take-out loan, or fix and flip rehab loan? Take advantage of W & J Financial Groups long-standing relationships with lenders who close on time, make fast decisions, and honor their terms. Bridge Loans require no income and just assets. Credit scores if a barrier can go as low as 680 Fico.

• W & J Financial Group leverages the unique relationships we’ve developed with boutique commercial banks and private investors to underwrite 1-4 single family residences and apartment buildings.
• The loan process is quick and does not require your tax returns to qualify. Instead, you provide a personal financial statement and work experience history as a property developer, as well as details about the professional team you’re hiring for your project. Loans are available from $540k – $25M. Letters of intent (LOI) are provided by the lender usually within 48 hours of a streamlined financial and project-related packages

At W & J Financial Group Inc we understand that when self-employed it’s tougher, especially with banks, to qualify. There are so many scenarios that common sense just does not prevail when bank Underwriters are reviewing complex tax structure. At W & J Financial Group we coach and have tools and programs that focus just on this segment of the mortgage process.

While self-employed borrowers are held to the same lending standards as W-2 workers, the mortgage process itself can be more challenging. Banks will need to consider the stability and viability of your business along with your income, since revenue can fluctuate. And the paperwork for self-employed borrowers can be a never-ending collection process.

At W & J Financial Group not only do we ensure the process is seamless, but we have access to programs that few other Banks offer. And we have almost no loan limit restrictions with loans all the way to $25 Million.

Below are a few examples:

Bank Statement Loans – These programs ask that you provide 12-24 months of your business and or personal bank statements. They want to see steady deposits (income) flowing into your bank accounts. This will be the basis for how you will be approved for the self employed mortgage. No tax returns will be required.

One Year Tax Return – The one year tax return mortgage is also for our self employed borrowers. This program will help those who may have only been in business for 1 year and can qualify by providing just one year of fully documented income on their tax returns.

Asset-Based Loans
An asset-based loan or asset utilization loan uses assets as income. Whether you are a retiree with a small fixed income, a new business or an established company that needs to maintain a high cash flow, the ease and benefits of asset-based loans and mortgages have made them a popular solution for our self employed clients.