top of page
Jina - WIX (1).jpg

ND1

  • Non-Owner Occupied Only

  • 1-4 units / PUD / Condo

  • $300,000 - $13,000,000

  • Max LTV 70%

  • Individual / Trust / LLC / Corporation

  • Business Purpose Only

  • NO DSCR

  • NO Credit Report

  • NO Employment / Income Verification

  • 48 months of P+I

 Rate: 6.875% 
  No additional Rate Adjustment   

WMB 
LIGHT DOC

(Payment Based Program)

Loan Programs

Elite VOE/P&L/Bank Stmt

Program Code

EVOE / EPNL / EBS

Property type

1-4 Units, Condo, PUD

Loan Amount

$150,000 - $2,500,000

Max DTI         Max LTV        Min FICO

49.99%             80%               660

Asset

1 mo. seasoning

100% gift (including reserves)

Income Doc

VOE only OR 

CPA signed P&L only OR

12 mo. personal/business bank stmt.

DSCR 1/2/3

Program Code

DSCR1/2/3

Property type

1-4 Units, Non-warrantable Condo, PUD

Loan Amount

$100,000 - $2,000,000

Min DSCR       Max LTV        Min FICO

0/0.75/1.0        70%               660

Asset

1 mo./2 mo./2 mo. seasoning

100% gift (including reserves)/

10% Min Borrower contribution

Income Doc

None

WMB Light Doc

Program Code

ND1

Property type

1-4 Units, Condo, PUD

Loan Amount

$300,000 - $13,000,000

Min DSCR       Max LTV        Min FICO

Not required     70%           Not required

Asset

Stated Asset

Employment/Income

Not required

Eligible Entity

Individual, Trust, LLC, Corporation

Reserve

48 months of P+I

WMB No Doc

Program Code

ND2

Property type

1-4 Units, Non-warrantable Condo, PUD

Loan Amount

$300,000 - $5,000,000

Min DSCR       Max LTV        Min FICO

Not required     70%           Not required

Asset

Stated Asset

Employment/Income

Not required

Eligible Entity

LLC, Corporation

Reserve

36/42/48 months of P+I

Fists in Solidarity

about us

One of the largest private lenders in California, Wholesale Mortgage Bankers, was established in 2012 and currently originates over $100,000,000 in loans monthly.... Read More
bottom of page