Low Doc Rental Loans (Large Portfolios Welcome)

[David N.]

Low Doc Rental Loan

Property Types: Residential 1-4 Unit

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 min

Fix and Flip Credit Line

Property Types: Residential 1-4 Unit

Term: 9 month interest only

Rates: As low as 6.99%

Loan to Cost (as-is purchase): Up to 90%

Rehab Cost: Up to 100%

Occupancy: Non-Owner Occupied

Prepayment: 3 month

Seasoning Requirements: Call for details

Purchase or Refinance: Ok

Appraisal Required: Yes

Loans Amount:Up to $5 Million

FICO Score: 600 min