Low Doc Rental Loan
Property Types: Residential 1-4 Unit Term: Fixed or ARMs Rates: As low as 6.49% Purchase or R&T Refinance: Up to 85% LTV Cash Out Refinance: Up to 75% LTV Occupancy: Non-Owner Occupied Prepayment: 3 year Seasoning Requirements: Call for details Debt Service Coverage Ratio: 1x Appraisal Required: Yes Max Loan Amount: $1.5M Min Loan Amount: $60K Min Credit Score: 620 Fix and Flip Credit Line Property Types: Residential 1-30 Units 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 Max Loan Amount: $5M Min Loan Amount: $50K Min Credit Score: 600
David NunezConstructive Loans, LLC
Business Development Consultant
1801 S. Meyers Road Suite 210 | Oakbrook, IL 60181
(312) 628-1162 Direct
(630) 412-1588 Cell
[email protected]
