Allowable States
No Red Tape Mortgage finances residential 1-4 unit properties with stand alone first loan amounts >= $300,000 or NRT combos with 1st TD loan amounts >= $100,000 in high-end areas that consist mostly of major metropolitan and resort locations with the exception of the following:
- Texas: No Refinances
- Indiana: No 2nds
- Maryland: No 2nds
- South Carolina: No Balloon Programs
- No Red Tape Mortgage cannot do business if the subject property is in one of the following states:
- Georgia
- Kentucky
- Louisiana
- Mississippi
- Montana
- Nebraska
- North Dakota
- Oklahoma
- South Dakota
- Ohio