All Forum Posts by: Frank Preciado

Don't get stuck in a bad DSCR loan with a 3 or 5 year prepay!

We have DSCR products with rates better than conv and no prepayment penalty available for well qualified investors.

Grow your property portfolio or cash out your current rental property.

✅30-Year Fixed Rate or ARM Products (1st 10 Years IO Available)
✅Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
✅0.75x DSCR Minimum on purchase or rate/term refinance

Reach out to me for details and a quick quote!

Benjamin, you CAN actually have more than one VA loan, as long as the new VA loan will be the veteran's primary residence. But if the buyer on the old property is not a veteran, the original owners VA eligibility is tied up in the property and can reduce how much the veteran can buy.

We have done a couple of assumptions in the situation above where we provided second mortgages to cover some of the equity that needed to be paid at close. These transactions are NOT fun but can be done and allow for some real benefit to the new buyer.

Jeff, I have a HELOC product that can go 70% loan to value on an investment property. Let me know if that is enough for what you are looking to do.

Hi Jordan, let me know what scenario you are looking to get done.

Don't get stuck in a bad DSCR loan with a 3 or 5 year prepay!

We have DSCR products with rates better than conv and no prepayment penalty available for well qualified investors.

Grow your property portfolio or cash out your current rental property.

✅30-Year Fixed Rate or ARM Products (1st 10 Years IO Available)
✅Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
✅0.75x DSCR Minimum on purchase or rate/term refinance
✅No Tax Returns / No Income Verification

Reach out to me for details and a quick quote!

Minimum FICO for these terms is 700.

Don't get stuck in a bad DSCR loan with a 3 or 5 year prepay!

We have DSCR products with rates better than conv and no prepayment penalty available for well qualified investors.

Grow your property portfolio or cash out your current rental property.

✅30-Year Fixed Rate or ARM Products (1st 10 Years IO Available)
✅Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
✅0.75x DSCR Minimum on purchase or rate/term refinance
✅No Tax Returns / No Income Verification

Reach out to me for details and a quick quote!

Minimum FICO for these terms is 700.

Don't get stuck in a bad DSCR loan with a 3 or 5 year prepay!

We have DSCR products with rates better than conv and no prepayment penalty available for well qualified investors.

Grow your property portfolio or cash out your current rental property.

✅30-Year Fixed Rate or ARM Products (1st 10 Years IO Available)
✅Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
✅0.75x DSCR Minimum on purchase or rate/term refinance

Reach out to me for details and a quick quote!

We can do HELOCs up to 95% LTV, please reach out to me with details of what you are trying to do so I can provide a quote.

Don't get stuck in a bad DSCR loan with a 3 or 5 year prepay!

We have DSCR products with rates better than conv and no prepayment penalty available for well qualified investors.

Grow your property portfolio or cash out your current rental property.

✅30-Year Fixed Rate or ARM Products (1st 10 Years IO Available)
✅Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
✅0.75x DSCR Minimum on purchase or rate/term refinance
✅No Tax Returns / No Income Verification

Reach out to me for details and a quick quote!

Minimum FICO for these terms is 700.

Don't get stuck in a bad DSCR loan with a 3 or 5 year prepay!

We have DSCR products with rates better than conv and no prepayment penalty available for well qualified investors.

Grow your property portfolio or cash out your current rental property.

✅30-Year Fixed Rate or ARM Products (1st 10 Years IO Available)
✅Amortize on a 30-year Schedule (Lower Monthly Payments, No Balloons!)
✅0.75x DSCR Minimum on purchase or rate/term refinance

Reach out to me for details and a quick quote!