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Robin Simon#1 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
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Best Santa Fe Small Multifamily (5-10 Units) Lender - Easy Street Capital

Robin Simon#1 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
Posted Feb 7 2024, 05:58

Why is Easy Street Capital the best Lender for Santa Fe Multifamily DSCR Loans??

👉Borrower-Friendly Terms vs. Banks!

âś…30-Year Fixed Rate Debt (1st 10 Years IO Available)
âś…Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
âś…1.15x DSCR Minimum (DSCR only takes into account tax and insurance expense!)

👉EASY Qualification!

âś…640 Minimum FICO Score (Partners/LLCs OK)
âś…No PCR or Phase 1 Required
âś…No Tax Returns / No Income Verification

👉Ultimate Flexibility

âś…Short Term Rentals / Unleased Properties OK!
âś…Available in 46 States, Rural Markets OK (up to 65% LTV)
âś…Full Spectrum of Prepayment Provisions, No Lockout Period!

5-Minute Web App for Multifamily DSCR Loans!

Free Article: Multifamily DSCR Loans: New Loan Option for Real Estate Investors

Offering
Santa Fe, New Mexico