Category Uncategorized

PARAMETERS

up to 80% LTV and 85% LTC

DSCR 1.2x -1.3x but can go as low as 1.05x -1.0x

DSCR Projection based on new development or business

Term 5 yr – 10yr or longer in some cases 

Up to 25 yr am

Rate – floating of fixed

Rates WSJ Prime +/-

(6.5% –  7.5%) +/- range right now

90% CLTV on all Non Owner Properties!

Close your loans even faster than before using seller carry backs or 2^nd mortgages behind out 1^st Mortgage.

We allow up to 90% CLTV on all our investment properties.

• 1-4 units
• Mixed use
• Multi-family
• Warehouse
• Industrial
• Automotive
• Retail

INTEREST ONLY

Interest Only program offers loan amounts up to $4M (O/O)

• Max 90% LTV
• Min 650 FICO
• 5yr IO on 30yr Term
• 10yr IO on 40yr Term

INVESTOR CASH FLOW / DSCR

Available on SFRs, 2-4 Units, Condos, Townhomes, Condotels, and Non-Warrantable Condos.

• Loan amounts up to $3M
• Min 600 FICO
• Non-Owner Occupied only • No income or job verification

12-MONTH BANK STATEMENT

Qualify with 100% on personal account deposits and 50% on business account deposits

• Loan amounts up to $4M
• Max 90% LTV
• Min 600 FICO
• Self-Employed and 1099 Borrowers