December 26th, 2018 1:46 PM by Michael Benevento
Attn: Real Estate Investors in Westchester County, Rockland County and Bronx County, NY
There is no need for income verification or employment verification. Our program uses only rental income from the subject 1-4 investment property to determine cash flow. We require the rental income to cover the overall principal, interest, taxes and insurance. The debt service coverage ratio is 1/1.
Investor Cash Flow Option allows qualifying solely off the property debt service with no income verified.
Traditional income verifications such as paystubs, W2’s- Tax Returns are NOT needed