Commerce Mortgage Services, Inc.
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We have many mortgage programs to suit your needs!
 
Besides the traditional full documentation loan for prime credit borrowers, we also have several unique programs such as:
 
NIV - No Income Verification - State your income.  The lender does not verify the income. No W2s, No Tax Returns, No 4506's.
NAV - No Assset Verification - State your assets.  The lender does not verify the assets. No bank statements, brokerage statements, mutual fund statements etc. 
NID - No Income Disclosure - Don't even state your income!
NAD - No Asset Disclosure - Don't even state your assets!
There are several combinations of the above such as NIV/NAV and NID/NAV.
 
We also have NID/NAD/NED - No Income, No Asset, No Employment Verification loans.  A true NO DOCUMENTATION Loan!
 
In addition, we have Home Equity Lines of Credit for both full documentation and NIV at prime minus 0.25% for good credit.
 
Below is a matrix of our available luxury and high loan-to-value (LTV) mortgages. 

NEW!   Higher Loan to Values!  

Documentation Type Maximum Loan ($)   Maximum LTV
Full Documentation

2.0M 

@ 75% LTV

  103% up to $500k
1.5M  @ 80% LTV   90% up to $1.0M
1.0M @ 90% LTV      
  2.0M @ 65% LTV      
No Income Verification 1.5M @ 75% LTV   95% up to $500k
  1.0M @ 80% LTV   90% up to $650k
         
No Documentation 1.0M @ 70% LTV   80% up to $650k

 
Many of the mortgage programs we offer require us to understand your specific needs.
 
Please call us at (914) 747-0019 for more details.

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