Cash Out Refinance up to 70% LTV - LLC ok, DSCR Based!
By now, many of us have realized that the 75% exit strategy that we grew accustomed to is non existent in the Non QM/Commercial mortgage sector. Many of the nation's leading lenders have capped Cash Out at 60-65% LTV with prohibitively expensive terms due to the uncertainty in the market. I'm excited to let you know that we are among the first in this Covid Era landscape to reintroduce 70% Cash Out!
- Minimum FICO - 700
- Minimum Loan Amount - $75,000
- Max Loan Amount - $1,500,000
- Minimum DSCR - 1.15 (1.33 for properties valued less than $150,00)
- 5/1, 7/1, and 30 Year Fixed Options
- LLC and Corp. Vesting Allowed
- No Limit on the # of financed properties you own!
- No Personal Income Requirements (No Tax Returns)
- Based on Subject Property Cash Flow
- Minimum Title Seasoning = 6 Months from purchase
- Property Must Be Leased
- Non-Owner Occupied Only
To get a FREE quote, please complete this simple questionnaire:
https://forms.zohopublic.com/landbrothersrecom/form/30YearRentalLoanInquiry/formperma/FUCCm8EYc5u1jynZSwlhLI0I8wHx9xxax0AUQ7ib4GU
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Lender
- 818 606 8823
- http://www.investorpropertyloan.com
- [email protected]
Offering