Commercial, SFH, Blanket and GA HML Programs (Nationwide/Canada)

[Simmy Ahluwalia]

COMMERCIAL (Small Balance):

• Loans between $30k and $1M
• Rates start at 7.5% fixed & fully amortized over 30 years
• Max LTV of 70%
• Non-FICO driven - focused on ability to pay the monthly note
• NY, NJ, PA, DE, DC, MD, VA, FL, GA, SC, NC, CT, RI, MA, NH, CO, WI, OH, LA, TX

SFH TURNKEY RENTAL LOANS:

• SFH, 2-4 Family, Condos, Townhomes
• Loans from $25k to $750k
• 30 Year Term & 30 Year Amortization
• Minimum Property Value of $50k
• Up to 80% LTV on Purchase
• Up to 75% LTV on Refinance
• Minimum FICO of 660
• Rate Range from 6.5 to 7.8% Fixed
• 3 Points Origination
• Can close as Individual or LLC
• Recourse
• NO Tax Returns
• NO W2 or Proof of Income
• Domestic and Foreign Nationals

BLANKET/PORTFOLIO LOANS:

• SFH, 2-4 Family, Condos, Townhomes, Mulfi-Family
• 10+ Doors
• Loans from $1M+
• 5 & 10 Year Term with 30 Year Amortization OR Interest Only
• Minimum Property Value of $50k
• Up to 75% on Purchase and Refinance
• Minimum FICO of 660
• Minimum DSCR of 1.2x
• Rate range from 6.5 to 7.8% Fixed
• 3 Points Origination
• Recourse and Non-Recourse
• Close as LLC
• Domestic and Foreign Nationals

GEORGIA HARD MONEY:

• FULL DOC ONLY
• 6.5% Interest Only
• 18 month term
• 75% of ARV
• 4 points origination
• 20% cash down

[email protected]