Purchase or Cash Out Refinance!
LONG TERM RENTAL LOANS
Property Types: Residential 1-4 Units Term: 30 year Fixed or ARMs Rates: As low as 6.49% Purchase or Rate & Term Refi: Up to 85% LTV Cash Out Refi: Up to 75% LTV Occupancy: Non-Owner Occupied Prepayment: 3 year (3%-2%-1%) Seasoning Requirements: Call for details DSCR Requirement: 1.0x Appraisal Required: Yes Loans Amount:Up to $1.5 Million FICO Score: 620 minimum
REQUIRED DOCS
Complete Application Lease Agreement (if applicable)2 Month’s Bank Statements (purchase or rate & term refi)Copy of Driver’s License or State ID
If you own or want to acquire a large portfolio of 1-4 unit residential property. We have extensive experience financing large portfolios. We'd love to hear from you!
David Nunez
312-628-1162
[email protected]
