***Important Loan Program Updates

[Erik Estrada]

1. DSCR: We may use up to 125% of market rent if the lease agreement is higher. Must show 1st Months rent and Deposit.
   
2. DSCR: No Seasoning on Cash Out Refis. Minimum $10k of rehab is required to be completed to use the full value.
   
3. DSCR: Single-Wide Homes are eligible (cannot be in a rural area)
   
4. DSCR: We allow up to 85 CLTV on Cash Outs. 1st Mortgage Only.
   
5. DCSR: 1.00 DSCR minimum on 5-10 unit Multi Family
   
6. DSCR: No Minimum FICO (50% LTV Max)
   
7. DSCR: First Time Home Buyers and Investors are eligible for financing
   
8. DSCR: Dual Member LLC, We use member's credit with 51% Ownership
9. DSCR: More than 3 members, We use anyone who has at least 21% or more ownership
10. DSCR: Layered entities OKAY
11. Bridge: Up to 75 LTV on Actively Listed Homes (We use the lower of the appraisal or listed price)
12. Bridge: Payments can be deferred
    
13. Bridge: Points and fees can be financed
    
14. Bridge: 100% LTC available with 5 Exits (Refis or Sales)
    
15. Bridge: Up to 90% LTV 100% Rehab for first timers
    
16. Bridge: Virtual Inspections available In select locations