Details

Solutions for real estate investors
  • Qualify based on the subject property’s debt service coverage ratio (DSCR) only
  • Loan amounts up to $2MM
  • Up to 80 LTV on Purchases, 75 LTV on Rate/Term Refinances, and 70 LTV Cash Out Refinances
  • DSCRs down to 1.0
  • Credit scores down to 680 on Purchases or Rate/Term refinances and 720 on Cash Out Refinances
  • Investment Properties allowed
  • 5/6 ARMs, 7/6 ARMs, and 30 Year Fixed loans eligible
  • Up to $500k cash in hand
  • Interest only products available with 5% LTV reduction
  • Multiple financed properties allowed
  • 7 years of seasoning from major credit events allowed
  • Entity (LLC, Partnership, Corporation) vesting allowed
  • Short term rentals allowed with minimum 1.0 DSCR
  • 0x30x12 on housing required
  • 1-4 unit properties, warrantable condos, and PUDs allowed
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