Full Documentation (1 year and 2 year)
- Minimum 620 FICO
- Up to 90% LTV (based on FICO)
- Max Loan Amount $4,000,000
- Up to $8,000,000 by Exception
- Great Rates on Competitve Pricing
Bank Statements (1 year and 2 year)
- Minimum 620 FICO
- Up to 90% LTV (based on FICO)
- Max Loan Amount $4,000,000
- Up to $8,000,000 by Exception
- Great Rates on Competitve Pricing
P&L (1 year and 2 year)
- Minimum 620 FICO
- Up to 90% LTV (based on FICO)
- Max Loan Amount $4,000,000
- Up to $8,000,000 by Exception
- Great Rates on Competitve Pricing
- Licensed tax preparer, CPA
Debt Service Coverage Ratio (DSCR)
- Standard >1.00 | Low Ratio >.75-.99 | No Ratio <.75 – We even pay premiums for high ratios >=1.25
- AirBNB & VRBO Short Term Rental (STR) income allowed with 12-month history from online service and a screen shot of STR listing
- First Time Homebuyer OK
- Low Rent vs. 1007 – We will allow you to use the higher of 1007 vs. Actual: just need copy of lease and last 2 months of rents paid.
- Above Market Rents? Give us a lease and proof of last 2 months rents and we can use up to 120% of the 1007 market rents.
- Vacant Properties: We can do these on newly purchased or rehabbed properties using 1007 market rents and proof property is listed for rent
Mixed Use (5-8 Units)
- Minimum 640 FICO
- Foreign Nationals are Eligible
- Up to 75% LTV (based on FICO)
- Up to 40year Fixed Terms
- Max Loan Amounts to $2,500,000 (Purchase / Rate Term)
- Max Loan Amounts to $2,000,000 (Cashout)
- Min DSCR >=1.00
Up To 10 Unit Residentials Properties
- Minimum 640 FICO
- Foreign Nations are Eligible
- Up to 75% LTV (based on FICO)
- Up to 40year Fixed Terms
- Max Loan Amounts to $2,500,000 (Purchase / Rate Term)
- Max Loan Amounts to $2,000,000 (Cashout)
Foreign Nationals
- Full, Alt-Doc and DSCR
- No Credit Score Required
- Unlimited Cash In Hand
- First Time Homebuyer OK
- Up to 75% LTV
- Up to 10 Units
- Gift Funds Allowed
- Interest Only Options
ITIN
- Minimum 640 FICO
- Up to 80% LTV (based on FICO)
- Up to 4 Units
- Full, Alt-Doc and DSCR >0.8
- Single Family, Condo and Co-Ops Available
- Max Loan Amount $1,500,000
Closed End Seconds
- Minimum 660 FICO
- Up to 90% LTV (based on FICO)
- Full Doc or Bank Statements
- Primary, Second Homes or Investments
- Max Loan Amount $500,000