ATTENTION LANDLORDS

Are you a Landlord or would you like to become one? Everyone knows that Real Estate is the Number 1 Business in the USA so with our Landlord Program, you can be very successful and make this a promising career. This program is designed for:

If you fall into one of the above, then our program is great for you. As the market continues to raise interest rates for potential homeowners, this pushes more and more people to not buy a home and to rent so it is a Landlord’s market now.

Becoming a Landlord or expanding your portfolio is the best time now then ever.

Eclipse Funding LLC LANDLORD PROGRAM IS AVAILABLE NATIONWIDE

EXCEPT: MN, ND & SD.

Guidelines:

Loan Amounts:(1-4 Units)$75K to $3M
Loan Amounts:(5+ Units)$250K to $3M
Term:(1-5+ Units)30yrs
LTV:(1-4 Units)Up to 85%
LTV:(5+ Units)Up to 70%
Rates:(1-5+ Units)7% to 10%+
FICO:(1-4 Units)575+
FICO:(5+ Units)625+
Funding:(1-5+ Units)
As soon as 7 days

Download the full Guidelines to better understand if your project is a good fit:

Minimum Requirements:

Must have funds available for Closing Cost
A Tri-Merge Credit Report fee of $57
Must have 10% to 15% down payment
Must provide Social Security number
A valid Driver’s License or State ID
Application Fee $295 WAIVED
Must have funds for EMD

Land-Checklist

2yrs of recent Tax Returns (all pages)
Agreement of Sale (if purchase)
Articles of Incorporation, EIN & signed Operating Statement
Bank Statements: 6mos of Personal AND 6mos of Business (all pages)
CD Contact Form (attached)
Disclosures (It will be emailed to you)
Driver’s license or State ID. (Must be color for verification purposes)
Guarantor Form (attached)
Land
Questionnaire (attached)
Payoff letter (if refinance)
Personal Financial Statement (attached)
Purchase Contract (If purchase)
Real Estate Owned (attached)

Here are the steps moving forward

Subject Property Address in Subject Line when sending back the documents.
Budget of project, purchase price, or Loan Amount.
After Repair Value if Fix and Flip or Current Value if DSCR / Refinance
Down Payment -Bank Statement or Statement for down payment if applicable.
Check your credit scores here: / send or upload a copy of the report and all scores.
Please send me a copy of your credit report with scores and the attached documents.
Please see the attached loan application, credit authorization and all documents needed to move forward.

Send all documents on checklist to: info@myfundingmentor.com