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compare rental property mortgage programs

This new offering is designed for the active real estate investor seeking regular returns plus long-term appreciation for "acquire and hold portfolios". Another innovative lending program for investors that will not constrain your regular return objectives because our No DSCR Ratio program is strictly based on the value of the property, not the revenue flow of the rental unit:

Single Property Investor Series – No DSCR Ratio

Vacation Rentals – Short Term Rentals - AIRBNB - High-end Upscale Investment Housing

Program Structure:
Offering Type: Acquire, Rate Term Reborrow, Take-Profit & Reborrow
Realty Type: Single property, First Lien Only
Investment Amount: 100K - 2M
Program Terms: 5/1 – 7/1 – 30/30 – No Balloon
Rate Range: 6.5% and up
Amortization: 30 year – Full Term Interest Only
LTV: UP to 75% of value with 700 credit
Property Based DTI: NO
Recourse: YES
Geography: National: Most major MSA’s and secondary markets
Underwriting Guidelines:
Property Type: SFR, 2-4 units, condos (FNMA warrantable), townhomes
Valuation Type: 1004/1007 URAR Standard with CDA Reconciliation
Borrower FICO: 640 Minimum
Seasoning: 6 Months on title for value
Documentation: Streamlined – NO Tax Returns
Inventory: Minimum of 4 months PITIA
Prepayment Penalty: Declining or 80% of 6 months Interest Payments
Eligible Borrowers: US Citizens/Permanent Resident Aliens/Foreign Nationals
Ineligible Borrowers: Owner Occupied Homes

2nd GENERATION SECURITIZATION BLANKET PROGRAM

Flexible lending programs to meet your time horizons:

 
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