– Investment SFRs, Condos, 2 to 4 Units, Multi Family 5+
– LTV: Purchase up to 90%, Refinance R/T or CO up to 80%.
– Loan To Cost: Purchase up to 90%, Refinance R/T or CO up to 80%
– Loan to ARV: Purchase up to 75%, Refinance R/T or CO up to 70%.
– Min FICO score: 650+
– Term: 12, 18 or 24 months Term options
– Payments: Interest Only
– No Prepayment penalty options
– Entity owner – OK (full recourse loans)
– Business Purpose – Non Owner Occupied only
– Funding Time: Residential: 15 to 25+ days.
– Loan Limits: $150,000 to $1,500,000
– Rates starting at 7.99%