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Updated over 6 years ago on .

David N.'s profile image
David N.'s profile image
David N.
  • Lender
  • from Elmhurst, IL
  • Member since Sep 26, 2018
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User Stats

100
Posts
24
Votes
David N.'s profile image
David N.'s profile image
David N.
  • Lender
  • from Elmhurst, IL
  • Member since Sep 26, 2018
Connect
David N.
  • Lender
  • Elmhurst, IL
24
Votes |
100
Posts
Classifieds

Large Portfolio Financing

David N.
  • Lender
  • Elmhurst, IL
Posted

Low Doc Long Term Rental Loans

• Property Types: Residential 1-30 

• Term: 30 year Fixed or 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

• Seasoning Requirements: Call for details

• Debt Service Coverage Ratio: 1x

• Max Loan Amount: $1.5M

• Min Loan Amount: $60K

• Min Credit Score: 620

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