This one to four family investment property program offers an elegant blend of flexibility and robust features, catering specifically to the highly credit qualified investor for their business purpose loan needs. It allows for streamlined income verification through market rent or lease agreements, highlighting its commitment to ease and efficiency. It is complemented by versatile property type options and judicious financial provisions, solidifying its position as a premium choice for serious investors.
Program features
- Loan Amounts From $150K-$2M
- First-Time Investors Permitted;
No Max Financed Properties - Max 80% LTV / 720 Min FICO
- DSCR Ratios:
– Min 1.00
– First-Time Investors 1.00
– Short-Term Rentals Min 1.15 - 30-Year Fixed, 30-Year Fixed I/O,
40-Year I/O, 5/6 and 7/6 SOFR
ARMs – 30-Year Terms Only - Investment Properties Only With
Required Prepayment Penalty - Purchase, Rate/Term and Cash Out
Key FEATURES
Entity Vesting Available
Max 80% LTV
Short-Term Rental Options - Unlimited Cash Out LTV ≤ 60%
- SFR, PUD, Condo (Warrantable
Only), 2-4 Units, Max 2 Acres - U.S. Citizen, Permanent
Resident Aliens and
Non Permanent Resident Aliens - Housing History 0x30x12
- Gift Funds and Interested Party
Contributions Options Available - Short-Term and Long-Term
Rental Options Available - Entity Vesting Eligible
Contact Us Today! To learn more and start offering these exceptional options to your clients!
