Long Term Financing For Stabilized Rentals and Rental Acquisition
Equity Based and FICO Driven with no tax returns required.
30 YEAR FIXED RATE
REFINANCE AND PURCHASES up to 85% - CASH OUT 75% Max - LOAN AMOUNTS of $55,000 to $2,000,000
Rates start at 4.25% - Rates are based on credit score, LTV and other factors not listed.
Min Fico Score 600 - Non-Owner Occupied Properties only
Property Debt to Income 90%
No minimum DTI with credit score over 700 and LTV under 70%
6 Months Reserves of Principle, Interest, Taxes, and Insurance (Cash out can qualify)
No Derogatory Credit Issues within 36 months
Fully Amortized 30 years, partial interest only options available
Pre-Payment 3-3.5 Year / 3% - 2% - 1% - with buydown available
All States Except Minnesota or South Dakoda
Refinance Properties to be Rented or Leased
Loan Amounts $55,000 to $2,000,000