Guaranteed Approval – 90% LTV Financing - No Credit Check Program

• No Credit Check
• No Credit Qualifying
• 99% Approval Rate - No Red Tape!
• Bankruptcy & Foreclosure OK!
• Tax Liens & Judgments OK!
• Easy Income Verification
• 80-90% Financing
• Affordable Rate*

Program Overview:

Mendes Group LLC provides this program for buyers that are experiencing a difficult time due to credit problems but have sufficient income to make payments on a home and have a 10% downpayment. The down payment is not sourced or seasoned. Down payment assistance programs DO NOT work with this program.

Mendes Group LLC will be a credit partner that obtains a loan to purchase the property on behalf of the buyer.

Program Guidlines:

1) A buyer is located that does not qualify for any of our products. Buyer has a minimum of 10% down payment and wants to participate in the program.

2) There is an application that needs to be completed and $1500 non-refundable (no exceptions) Analysis fee is paid via Money Order/ Bank Check along with the Disclosure form.

3) Upon receipt  of the applicable fees the file will be staged for processing and the background check along with verification of references and income will begin. (expected 99% approval rate.) Be sure applicants provides references that are not away on vacation or difficult to contact as it will slow down the process.

4) Once approved the additional information is needed to submit file to a credit partner. The additional information required for this phase is:

a. Disclosure form

b. Proof of Down Payment Funds

c. Property information

d. Deal Structure

e. Purchase Contract signed by seller and Mendes Group LLC

f. Credit partner Non Circumvent Agreement

g. Recent appraisal with "Market Rent Analysis" included

h. Submit letter with appropriate security fee

Ounce all the above is recieved the file is submitted to the Credit Partner Group. To receive a written commitment it is expected to take about 5 to 7 business days. This time is an estimate and is not guaranteed.

5) You will be notified when a commitment is received from the Credit Partner. The buyer will be issued an Acceptance and Commitment Agreement that needs to be signed and then faxed back to Mendes Group LLC.

6) Down payment funds are transferred to Credit Partner.

7) Closing procedure and instructions will be provided.

Property Type:

Single Family- Owner Occupied Only - (no exceptions)

Duplexes - Owner Occupied Only, on a case by case basis

Home purchases amount minimum is $75,000. Above $500,000 on a case by case basis only

This program does not work on foreclosed property. Seller must be in title for a minimum of 12 months.

We are a Real Estate Solution Company.