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Updated over 5 years ago on . Most recent reply

User Stats

1,875
Posts
811
Votes
Upen Patel
  • Lender
  • Nationwide Lender
811
Votes |
1,875
Posts

30 yr fixed LLC loans, Residential 1-4 units

Upen Patel
  • Lender
  • Nationwide Lender
Posted

30 yr fixed portfolio loans for residential 1-4 unit properties with LLC title

There are some specifics:

  • 1-4 unit residential property
  • For purchase, rate and term, cash-out
  • Loan terms - 30 yr fixed, 15 yr fixed, 5/1 AMR, 7/1 ARM
  • DTI upto 60%
  • LTV upto 90%
  • Can title to LLC, Partnerships, C-corp, S-corp
  • Derogatory credit allowed - bankruptcy, short sale, foreclosure, deed in lieu
  • $100,000 loan min
  • FICO as low as 540

Some other things I can cover under this portfolio program:

  1. Non-warrantable condo
  2. Condo-tel
  3. Foreign National
  4. 12 month and 24 month bank statement loan
  5. Asset depletion loan
  6. Asset backed loan
  7. DSCR loan
  8. No ratio loan

Upen Patel

Vice President, The Federal Savings Bank

web: www.thefederalsavingsbank.com/upenpatel

cell: (571) 331-5161

email: [email protected]

Federal NMLS# 1374243

app: https://www.thefederalsavingsbank.com/en/mortgage-application/start?b_id=upatel&bp=1

business profile image
Upen Patel - Novus Home Mortgage
5.0 stars
58 Reviews
Offering

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