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Brokered Out Loans

Acra Lending

Contact Information

Acra Lending
Matt Schwartz
National Account Executive
Direct: (949) 669-5856 Matthew.Schwartz@acralending.com

Lender Highlights

12-month bank statement loans, DSCR, Short term rentals, 100% of rental income, Up to 25 Acres and Rural Properties, 575 Fico, Adult care/rehab facilities, Condotels, Non-warrantable Condos, Written VOE on ITIN borrowers, Max 80% LTV on ITIN loans, Loans up to 10M, Multifamily up to 29 units (Apartment buildings, etc.), Foreign National close in personal name, P&L only, 1099 only, Manufactured Homes (Owner or Non OO), plus many exceptions, 1 year self-employment on bank statement program, Our P&L program no longer requires bank statements to back up the income meaning this is now essentially a stated income loan.

Eligible States

AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, ID, IL, IN, KS, KY, LA, MD, ME, MI, MN, MO, MT, NC, NE, NH, NJ, NV, OK, OH, OR, PA, SC, TN, TX*, UT, VA, VT, WA, WI, & WY

Lender Fees and Lender Paid Compensation

Lender Fees - $1,295.00 Includes Tax and Flood / $495 Close in Business Entity
Lender Paid - Contact Account Executive
Borrower Paid Compensation - 275 bps for consumer / 400 bps for business purpose

Product Information

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