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.

Auction Loans

Qualifications

  • 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

General Guidelines

  • 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.

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