No Doc Investment Property Loans
Starting at
No Credit, Asset, or Income Verification Needed
Key Benefits
No Credit Score Needed
Simplified approvals for more borrowers.
No Income or Asset Verification
Less paperwork, faster closings.
1–4 Unit Investment Properties
Not a primary or secondary residence; not occupied by the borrower or related party
Close in as fast as 10 Days
Accelerated timeline after we receive title.
Product Overview
Flexible Loan Sizes
$250,000 to $2,000,000
Term
36 Months, Partially Amortizing
Interest Rate
16.95%
Broker Fee
Pay’s 1% and up to 2%
How It Works
Submit Minimal Info
Applicant completes the streamlined pre-approval form online.
Receive Instant Offer
We’ll generate a loan offer quickly based on property details.
Pay Fees Online
Pay property inspection fee and title cancellation fee upfront.
E-Closing
Online closing as fast as 10 days.
Register / Log In
Broker to obtain a unique Broker ID (for compensation tracking)
Why Choose Us?
At Thunderbird Wholesale LLC, we offer no doc loan for residential investment property lending, enabling mortgage brokers to efficiently serve clients with minimal paperwork and faster approvals. Our transparent, competitive fee structure and advanced technology platform enhance your profitability and client satisfaction, making it easier to grow your business.
FAQ
Thunderbird does not require the pledged property to be free and clear, meaning, for example, Thunderbird's loan can be in a junior lien position. Further, business debt unrelated to the pledged property doesn’t affect eligibility.
A junior lien is a loan that is secured against the pledged property, but it ranks behind another loan (or loans) in terms of priority. A junior lien taken by Thunderbird Wholesale, LLC allows you to tap into the equity that has been built in the pledged property, without having to refinance the already existing loan(s). This can be particularly advantageous if there has been a significant increase in the value of the pledged property since incurring the existing debt.
Yes, you can use Thunderbird Wholesale, LLC financing to refinance existing business-related credit card debt, allowing for more favorable interest rates and payment terms.
The main requirements include proof of business ownership and financial capacity, along with lendable equity in real estate to secure the loan.
Yes, you can repay your loan early, but we require the equivalent of 12 months' interest to be included if the loan is repaid before the first 12 months have passed. After these first 12 months, you can pay off the loan at any time without any additional charge.
To apply for a loan, you'll need to provide basic personal and business information, and details about the pledged property.
The value of your pledged real estate is assessed by our proprietary valuation algorithm, which considers market conditions, property conditions, and comparable sales data. Later in the process, a property inspection is conducted to verify that the property remains in good condition.
Thunderbird employs robust encryption and security protocols to protect your personal and business information and uses it solely for the purpose of loan processing and account management.