RT Capital Advisors, Inc. - Providing access to Hedge Funds, Private Money, Private Party Investors, REITs, CMBS, Community, Regional & Global Bank niche and non-QM mortgage products.
Get to know Bob Thompson 562.344.5626 Alternative Documentation
Call me directly at (562) 344-LOAN, I am the CEO at RT Capital Advisors, Inc. we can provide unique access to Stated Income/Verified Asset, NIVA and Alternative Documentation Loans through Commercial and Residential Lenders, Hedge Funds, Private Parties, Private Money, REITs and Banks nationwide.
Private Money Loans and Commercial Loans are available on a retail and wholesale basis to Brokers and Realtors, just register online.
When submitting a file larger than 7 attachments, please put it in a Dropbox file.
The general public can apply for all loan products directly.
Alternative Documentation (ALT doc), Stated Income, No Income verified HELOCs, Private Money Loans & Hedge Funds. Cash-out Refi and Purchase up to 83% LTV**
No Taxes, w2's or 1099s needed
Stated Income Verified Asset (SIVA) Loan Product for Residential or Commercial
1) Stated Income, Verified Asset - Purchase or Refinance Loans
Fix and Flip or Long Term Hold - Loan Amounts to $5,000,000.
Commercial or Residential Loans for Non-Owner and Investment properties up to 75% LTV. Or 75% ARV (After Repair Value) on Fix and Flips.
Terms: 30 year fixed, 3/1 ARM or 1 year Fix and Flip.
No Income verification needed.
3 months PITI reserves needed post closing.
Rates from 6.99%. Rate buydown available.
600 minimum FICO score required.
21 day close of escrow. Interest reserve options.
NO minimum FICO needed for Fix and Flip Investor financing.
Any amount of properties allowed. In Bankruptcy or Foreclosure OK.
2) 12 Month Bank Statement Averaging, 1 Year Taxes or Asset Amortization Loans for Business Owners or Employees.
Self-Employed for the last 2 years: No Taxes, w2's or executed 4506T are required
Employees: w2's and paystubs only for Primary Residence
Realtors are considered self-employed.
3, 5, 7 and 10/1 ARM's, 15 and 30 year fixed. Rates from 4.75%.
Owner-Occupied, 2nd homes and Investment properties, SFR's and 1-4’s.
Loan to value up to 80% for a purchase, rate and term or cash-out refinance up to 3M.
Minimum FICO 620.
3) Private Money - Private Party Loans for Owner and Non-Owner Occupied properties.
4) Home Equity Line of Credit (HELOC) No Income Verified-Verified Assets (NIVA)
OR - Full doc HELOCs to 90% CLTV
HELOCs: Last 2 months Bank/Asset statements showing at least 6 months of PITIA reserves with a CPA Letter. No bankruptcies, mortgage lates, foreclosures, short sales, deed-in-lieu or loan mods on credit history allowed (2 years BK and late payment seasoning needed for the SIVA HELOC). **Borrowers who open a deposit account with the Bank (FDIC insured), enroll in auto-pay for the mortgage payment and take an initial draw of at least 50K can reduce their rate by .5% for the life of the loan. FICOs above 700 can qualify for a 4.29% start rate for the first 6 months.
12 Months Bank Statements: Last 12 months Bank or Asset statements showing 12 months of mortgage payment reserves. Credit will be pulled and must be derogatory free last 24 Months. No bankruptcies, short sales, deed-in-lieu or loan mods on credit history in the past 5 years allowed, foreclosures (7 years).
Lender Fees: Fees vary by institution, all loans have separate non-refundable cost of appraisal and credit report, +/-($600).
Bob Thompson 562.344.5626 Alternative Documentation's Blog Posts
Testimonials for Bob Thompson 562.344.5626 Alternative Documentation
Fantastic Job! Way beyond what you can expect from any other lender! Bob is the best, always there! He always closes the deal! Anytime you need him he is on the phone ready to help!
"I would recommend anyone looking to invest in Commercial Real Estate to work with Bob Thompson at RMF Lending, Inc..”
Darren M. - Rathdrum, Idaho08/01/2010
"Bob used his creativity to make it possible for me to obtain a mortgage loan by teaming together his creditable knowledge in the mortgage industry with my favorable credit history so that I was able to purchase my dream home on wooded property in North Idaho. Although the future of transferring my employment from California to Idaho was uncertain at the time, which made the prospect of obtaining a substantial mortgage loan somewhat problematic, Bob had the resourcefulness and determination to make it work. I am certain that it would not have happened without his dedication to his customers. Ten years later I am happy to report that our property and home have never looked better and we are currently in the process of building a large pole building type shop along with many concrete and asphalt upgrades.
I would recommend Bob to anyone looking to obtain a mortgage loan. Also, I must add that the fact he was able to accommodate my loan needs in a different state was equally impressive. Thanks Bob!"
Bob has been a lender who has given work to my firm for the last 6 years. His association with us has been a good fit for both parties. I find him personable and professional. He has followed his words through with the action needed to get client to the finish line. I don't know if he told me he was Branch Manager and I'm surprised as he was to me just another hard working individual trying to make his way in his chosen profession.
Central California Appraisal Service
Vernon B. - San Jose, California04/02/2009
Bob was my mortgage broker for the purchase of my home. His in-depth knowledge of the real estate market and mortgage business was invaluable throughout the process. His work ethic is matched only by his self-confidence and competence. From the moment I decided to buy a home, I found a property and closed within 1 month!