Home Loans Available For The Cannabis Industry
Self Employed and W-2 Allowed
California, Colorado, Oregon, and Washington ONLY
No Tax Returns Required for Self Employed/Owner Operator
Cannabis mortgages available for Purchase, Refinance and Cash out Refinance.
Self-Employed Cannabis Owner Operators can qualify with bank statement deposits - No Tax Returns!
Cannabis W-2 employees can qualify on Gross W-2 Income.
Available for Residential 1-4 Unit Properties including SFR, Condo, Townhomes and Multi-Family.
Available for Primary Residence, Vacation Home or Investment Property.
Investment Property purchase or refinance has NO state restrictions and requires NO borrower employment or income. (No Doc Investor Option)
MINIMUM Cannabis mortgage loan amount is $300,000. NO exceptions below $300,000 for this product.
MAXIMUM Cannabis mortgage loan amount is $10,000,000. Case-by-Case Exceptions above $10,000,000.
Minimum down payment is 5% on Full Doc (W-2, Tax Returns, Paystubs)
Minimum down payment is10% using Bank Statement Deposit qualifier.
No Tax Returns required for Owner Operators using Bank Statements.
Maximum # of acres allowed is 20. Call for Rural Property restrictions. Properties with agriculture use not allowed.
Minimum FICO score of 600 required to be eligible for this product.
No Commercial, Agriculture or mixed use properties allowed.
Typical funding period is 30 days.
Major credit events such as foreclosures, BK's, short sales allowed after 36 month seasoning.
All products, rates and terms, and state availability subject to change without notice.
Home Loans for Cannabis Industry borrowers currently available in California, Colorado, Oregon and Washington Only
Please complete the contact form below and we will reply with a rate quote summary for your Cannabis Industry loan scenario. Or, feel free to call or email me direct with any questions. Most often I'm available to respond 7 days a week.
Products, interest rates and loan terms subject to change.