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 80% – CASH OUT 75% Max – LOAN AMOUNTS of $55,000 to $2,000,000
Rates start at 4.65% – Rates are based on credit score, LTV and other factors not listed.
- Min Fico Score 640 – 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
Disclosures: Rates and terms are not guaranteed and can change at any time.Get a Quick Quote