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100
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24
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David N.
  • Lender
  • Elmhurst, IL
24
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100
Posts

Large Portfolio Financing

David N.
  • Lender
  • Elmhurst, IL
Posted Oct 19 2018, 10:18

Long Term Rental Loan Program

• Property Types: Residential 1-4 Units 

• Term: 30 year Fixed or 5, 7, & 10 year fully amortizing ARMs 

• Rates: As low as 6.49%

• Purchase or Rate & Term Refi: 85% LTV

• Cash Out Refi: 75% LTV

• Occupancy: Tenant-Occupied Only

• Prepayment: 3 year (3%-2%-1%)

• Seasoning Requirements: Call for details

• DSCR Requirements: 1x

• Loan Amount: 1.5 Million

• FICO Score: 620 minimum

If you have a large portfolio you're looking to purchase or refinance. We'd love to hear from you!

Offering