Updated over 4 years ago on .
No Personal Income Investor Loans for AZ and CO Properties
Private Money Investor Loans Available for Arizona and Colorado Single Family Properties
NO Personal Income Requirement
NO Employment Requirement
NO DTI
NO Tax Returns Required
NO Residual Income
First Time Investors OK
Closing in an LLC Fine
No Maximum Financed Properties Overall (5 max with this lender)
Single Family / Townhome / PUD / Warrantable Condos OK
Competitive Rates
Minimum Debt Service Coverage Ratio = 0.75
DSCR = Monthly Rent / Total Monthly PITIA (Principal + Interest + Taxes + Insurance + Association dues)
$100,00 up to $1,500,000 Loan Amount (maximum $500,000 cash out)
80% Max LTV Purchase (65% for "Unleased Properties" or "Vacation Rentals")
75% Max LTV Refinance
Full Appraisal Required
3 months+ of Asset Reserves Required
Credit Report Required with Minimum FICO 660 with no Bankruptcies or Foreclosures in previous 48 months – 1 30 day late over last 12 months OK.
Must have a last 12 month Mortgage History (either Primary Residence Mortgage or Another Investment Mortgage + Verification of Rent for your Primary)
Direct Message Me for More Information