Recently Funded Standalone 2nd Business Bank Statement Loan

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Recently Funded Standalone 2nd Business Bank Statement Loan

This borrower was able to qualify using business bank statements from their lucrative medical practice to take advantage of their equity on an owner occupied home valued at over $12M. Though the borrower had a low-rate conventional 1st position lien, the FundLoans Non-QM 2nd Position Lien allowed them to access additional cash without touching the low rate.