No Doc Loans

MASTER KEY CAPITAL 

  • 70-75% MAX LTV

  • UP TO $5,000,000.00

  • NO EMPLOYMENT

  • NO INCOME

  • GIFT FUNDS OK

  • DSCR NO RESTRICTIONS

  • FOREIGN NATIONAL ALLOWED

  • MIXED USE ALLOWED

Blueprint

Construction loans are typically short term with a maximum of one year and have variable rates that move up and down with the prime rate. The rates on this type of loan are higher than rates on permanent mortgage loans. To gain approval, the lender will need to see a construction timetable, detailed plans and a realistic budget, sometimes called the “story” behind the loan.