Stated Income

Program Highlights

• Nationwide
• Broker friendly 
• Fully amortized 30-year fixed rate
• Based on property value, not personal income
• Minimum Fico 650

Blanket (Portfolio) Loans 

• Best alternative to hard money loans
• No income taxes required for self-employed investors and small business owners
• $150,000-$5,000,000
• 75% LTV/cash out of purchase
• Up to 10 properties per blanket 
• 2-week closings 
• Reduced fees for additional properties
• All properties must be in the same county 
• If it is a purchase, all properties must have the same seller

Property Types

• Investor 1-4: SFR, Condo, and 2-4 Units
• Multi-Family Apartments (5+ Units)
• Mixed-Use and Mobile Home Parks
• Commercial: Office, Retail, Warehouse, Industrial, Self-Storage, and Automotive

Here are the required items to process your loan:
1. Sign RGC Capital loan proposal (LOI)
2. Two months of bank statements (all pages from all accounts)
3. Driver’s license & social security card – for each borrower
4. Loan application (business purpose applications click here /
    for residential applications click here )
5. Current mortgage statements and insurance on all properties owned
6. If rental – current lease(s)
7. Business purpose – letter of explanation (if self-employed then CPA letter) 
8. Twelve-month mortgage payment history on subject and owner-occupied properties