General Requirements -
- Max LTV 80%
- Max Loan Amount $2,000,000
- Qualify as low as a 560 FICO score
- Designed for experienced investors.
- DSCR of ≥ 1.15 or no DSCR
Income and employment are not verified.
- Personal Guarantee required for loans titled in the name of an LLC or Corporation
- Tradelines reporting for 12+ months or 2 tradelines reporting for 24+ months all with activity in the last 12 months
- 1999 - 2017
- NMLS #176724
- NO Reserves required
- Funds for down payment and closing costs must be sourced or seasoned for 60 days
- FICO 500-639
- 65% 9.99%
- DSCR 1.0