Product Type
DSCR
Experience Required:
First Time Investor OK | First Time Homebuyer Ok
Minimum Credit Score:
640
Liquidity:
15% Down (Must Have Experience, Single Family Only)
Reserves:
0-6 mo. Reserves
Prepayment Penalty:
Optional
Closing Timeline:
10 to 14 Days
Draw Schedule:
N/A
Rate:
5.375%
Maximum Loan-to-Value LTV:
85%
Loan-to-Cost (LTC):
N/A
Loan Term:
30, 40 Yr or Interest Only
Asset Types:
SFR, Condo, Townhome, 1–4 Units
Loan Amount Min:
$75k
Loan Amount Max:
$5M
Product Specifics:
No Ratio Allowed, No Seasoning On Cash Out, Vacant Properties Accepted, Rural Properties Accepted.
Number of Units:
1 to 4 Units
