Portfolio DSCR Rental Loans
Residential 1 – 4 units per parcel
- Single family homes
- Condos
- 2-4 unit multifamily (per parcel)
For purchase, refinance, cash out, rehab, and ground-up construction
Nationwide since 2017
No income tax returns or personal income verification required
$500,000 to $50 million
Nationwide since 2017
Competitive fixed rates…
DSCR 30 year amortization, hybrid DSCR 5/7/10 ARMs, or interest only (lower monthly payments and more cash flow)
Flexible prepayment options
Finance up to 80% of purchase price
Refinance / cash-out up to 80% of current appraised value
Minimum DSCR: 0.8X
1st lien
No seller financing or second liens
Verifiable liquidity: for cash to close and reserves
660+ middle FICO credit score
Expertise | Flexible | High Tech| High Touch