No Income Check Loans

3 Year Fixed Rates

Investor 1-4 Traditional I Traditional II
Non-Owner Occupied SFR Condo, 2-4 Unit 5 + Unit Multifamily & Mixed-Use Office Retail, Warehouse, Self Storage, Automotive Service (no gas stations)
Loan To Value Max 70% * Max 75% Max 70%
FICO ≥ 750 7.49% 7.49% 7.99%
FICO 700-749 7.74% 7.74% 8.24%
FICO < 700 8.24% 8.24% 8.75%
Rates & Terms
Purpose………………......Purchase, Rate-Term Refinance, Cash-Out Refinance
Loan Amounts…............$75K-$5MM
                                        (Investor 1-unit max loan amount-$750K)
                                        (Investor 2-4 max loan amount-$2MM) (Min loan amount on traditional I&II- $100K)

Amortization/Team.........30 year fully amortized loan/ 30 year term (Loans fixed for first 3 yrs)
Index / Margin / Cap.......WSJ Prime + 4%. Rate Caps = 2/1/6
Prepayment Penalty(s).....Investor 1-4: 3 yr fixed = 3%, 3%, 3%
Minimum Prepay on all loans = 1Traditional: 3 yr fixed= 5%, 5%, 5%
                                          1-6 residential units in NJ = no prepay, add 1% to rate
Loans < $250K…............add 50 BPS to the above mentioned rate (Traditional I & II Only)
Rate Add-Ons….............add 25 BPS to Investor 1-4 rates for the following states: NY, PA, CT, NJ, FL
* LTV Limitations…..........Investor 2-4 loans ≥ $1MM = 65% max LTV

General Guidelines
Lending………………………...Locations Nationwide
Income Verification………..…..Simple Documentation
Credit Score…………………...650 Minimum (mid FICO)
CLTV………………………......80% Maximum CLTV
1st Time Buyer, Investor……..Reduce maximum LTV by 5% (Ineligible for Investor 1 -unit)
Assumability……………...……Loans are assumble at Lender's approval - 1% fee
Impounds……………………...Required for property taxes & insurance
Asset Verification……...………3 Mo. Source & seasoning. No seasoning reduce max LTV by 5%
Appraisal Process & Fee……..Contact your Loan Officer to hear about our streamlined process and cost

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www.caridiacapital.com
4419 White Plains Rd.
Bronx, New York 10470

Caridia Capital is a direct lender and consulting firm that prides itself on unparalleled service and performance. We are committed to
providing unbiased advice and prudent strategies for your business. Our services are always tailored to your unique needs.