Volume 38 | November 2018
Conventional and Portfolio Lending
We specialize in helping clients that require a higher level of service and flexibility than traditional banks
Program Highlight: Short Term Rental Programs
As you know we have a vast understanding and appetite for investment property loans. We have the ability to offer loans with NO INCOME DOCUMENTATION and CLOSE in 2-3 weeks!!  Below are the only underwriting requirements:
  • 2 months of bank statements to source down payment funds and reserves
  • Full Appraisal
  • 12 month income history from VRBO or approved 3rd party manager

As an example, a borrower with a 720 credit score could get the following terms:
  • 70% Loan to value
  • 6.5% interest only on 7/1 ARM
  • 1% origination fee
Recent Closings
  • $991,805 Purchase using Diamond Jumbo Program in Orlando, FL
  • Cleared to Close in 6 days
  • Closed in 7 days
  • 90% LTV

  • $1,925,000 Rate/Term Refinance in Destin, Florida
  • No Tax Returns
  • Borrower approved on property cash flows
  • Cleared to Close in 15 days

  • $1.1 million Refinance in Inlet Beach, FL
  • 10 year interest only payment
  • 4.35% interest, 5.293% APR

  • $585,000 cash out refinance in Seaside, FL
  • No Tax Returns
  • Approved on 12 months of personal bank statements

  • $620,500 Refinance in Gulf Breeze, FL
  • 90% LTV
  • Consolidation of high interest credit card debt
Kimberle Barton
Executive Vice President of Retail Lending
NMLS # 118437
Walton Funding | 850-714-1656   | [email protected] | waltonfunding.com