Stand Alone 2nd

STAND ALONE 2ND FUNDING

ATTENTION REAL ESTATE INVESTORS!

You were invited to our website to get Approved for our Stand Alone 2nd loan program. PhoneOps Stand Alone 2nd is designed for:

Single Family Rentals

Duplexes

Triplexes

Quadruplexes

Condos

Townhomes

If your rental property falls into one of the above, then our program is great for you.

PhoneOps Stand Alone 2nd Program is available Nationwide!

GUIDELINES:

This program has standard guidelines. View below:

Loan Amounts:

$50K to $350K

Term:

30yr Fixed

Min FICO:

680 PPP:

Optional

CLTV:

Up to 75%

Funding:

As soon as 7 days!

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

MINIMUM REQUIREMENTS:

* Must show enough income to pay off loan

* A valid Driver’s License or State ID

* Must have a Savings Account

* A Tri-Merge Credit Report

* A Social Security number

* Application fee of $295

Stand Alone 2nd – Online Application

First Name & Last Name:

Cell Phone Number:

Email Address:

Full address including city, state, zip & county: (Where you currently live)

How long have you lived at this address?

Monthly mortgage payment:

Date of Birth:

Social Security Number: (We must pull your credit)

Estimated Credit Score:

Borrower Race:

List the names and ages of all dependents. (If none, put N/A)

Requested Loan Amount:

Enter the full address of the subject property including the City, State & Zip:

Current Value: (You can go to Zillow.com to get a Zestimate)

Total amount of Rental Properties:

Current Mortgage Balance:

Upload latest mortgage statement:

Rental Income from subject property:

Current DSCR:

<1.0

1.0 - 1.09

1.10 - 1.19

1.20+

Employment Status:

Employed - W2

Employed - 1099

Don't work

The next 6 QUESTIONS is for Employment: (Put N/A if you don't work) 1. Full Name of Employer:

2. Full address including City, State & Zip:

3. Contact number:

4. Job Title: (Do not put CEO or President, put the actual job title)

5. Start Date:

6. Monthly Income:

Use of Funds, explain in detail:

NOTE 1: PhoneOps must pull your credit. If your credit is locked, you must unlock your credit from all 3 Credit Bureaus & keep it unlocked until we pull your credit. Do you understand?

Yes, all 3 Credit Scores are Unlocked. PhoneOps may pull my Credit

NOTE 2: A one-time Application & Processing Fee of $990 will be assessed upon submission of this application. You will be redirected to a secure payment portal upon completion. Please note: This fee is non-refundable throughout the loan process. However, the full amount will be credited toward your closing costs upon successful funding and closing of the loan. Do you acknowledge and agree to these terms?

Yes, I agree to these terms and ready to proceed

Enter the name of the person that sent you to this site to place your file as "Priority".

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