ALTERNATIVE
FINANCING SIMPLIFIED
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NON-QM POWERED BY COMMON SENSE
LOAN PROGRAMS
TURNAROUND TIMES YOU CAN DEPEND ON
Loan Setup
24 Hours
Disclosures
24 Hours
Underwriting
48 Hours
Condition Review
48 Hours
Docs
48 Hours
CASTOR SUCCESS STORIES
EMPOWERED BROKERS EQUAL HAPPY CLIENTS
John & Cindy
Loan: $750,000 Purchase
Scenario: Retired couple could not attain financing due to their lack of employment.
John and his wife Cindy, are both retired and could not attain financing due to their lack of employment. With $1.25M between them in retirement and stock accounts, they were concerned about paying cash for a home for $1,000,000. Depleting most of their savings to be a “Cash Buyer” would only leave them $250,000 for retirement.
Castor Financial’s No Ratio Program allows applicants to customize loan terms that work for them if their assets equal or exceed the amount financed.
John and Cindy elected to put $250,000 down and finance $750,000, preserving $1,000,000 in investments that would produce a great return. Now they had peace of mind for their retirement, a mortgage payment that fit their budget, and a tax write-off to offset their annual retirement earnings.