Loan Programs

• Ideal for long-term financing of rent-ready properties (single-family up to 4 units)

• Includes options for long-term and short-term rentals

• LTV up to 80% on purchases or rate and term refinances

• LTV up to 75% on cash-out refinances

• Minimum credit score: 660 

• Minimum DSCR: 1.0

• Minimum property value: $150K

• 1 year interest only

• Up to 90% LTC

• Up to 100% rehab cost

• Max 75% ARLTV. No experience required

• Minimum credit: 600.Minimum

• loan amount: $100K

Loan Types: 

• Property types: 5-8 unit multifamily. 

Loan Terms: 

• Max LTV: up to 75% on purchases and rate and term refinances; 70% on cash-out refinances. 

• 30-year amortization. 

• Rates: 30 year fixed, 5/6 ARM and 7/6 ARM. 

Qualifying Factors: 

• Minimum Credit: as low as 700 

• Income: Debt Service Coverage Ratio (DSCR): 

• DSCR = Gross Monthly Rent / Monthly PITIA 

• Minimum property value or purchase price: $400,000.00