All Forum Posts by: Stan Johnson

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Stan Johnson has started 2 posts and replied 8 times.

Quote from @Scott Wolf:

Quote from @Stan Johnson:

Quote from @Erik Estrada:

Quote from @Stan Johnson:

Quote from @Erik Estrada:

85% LTV is possible on a DSCR loan. The rate will be pretty high

Without a 740 FICO? I'm also looking for no PPP if possible. If you're able to help, I'm happy to chat.

740 FICO minimum and 1 Year PPP minimum

Right so FICO is still the hurdle lol. I have yet to find a lender who is flexible

So, what is your FICO? We can go down to 640, but not with less than 20% down.

700 - 720. 720 is more reasonable

0 Votes

700 - 720. 720 is more reasonable

0 Votes

Quote from @Erik Estrada:

Quote from @Stan Johnson:

Quote from @Erik Estrada:

85% LTV is possible on a DSCR loan. The rate will be pretty high

Without a 740 FICO? I'm also looking for no PPP if possible. If you're able to help, I'm happy to chat.

740 FICO minimum and 1 Year PPP minimum

Right so FICO is still the hurdle lol. I have yet to find a lender who is flexible

0 Votes

Quote from @Sean MacDonald:

Quote from @Stan Johnson:

I'm looking for a private lender who I can scale with. Ideally we would meet in person (Midwest region).

I'm wholesale, but we can do 15% down at 740, if you have a preferred broker!

Maybe I typed it incorrectly, but I can't do 740 unless I don't get a hard pull for the next idk 2-3 years lol

0 Votes

Quote from @Erik Estrada:

85% LTV is possible on a DSCR loan. The rate will be pretty high

Without a 740 FICO? I'm also looking for no PPP if possible. If you're able to help, I'm happy to chat.

0 Votes

Quote from @Givo Aghasi:

We allow for 90% CLTV. Lets connect @Stan Johnson

I don't have enough equity on my only property if that's how you would approach it via CLTV. Your website states up to 80% LTV on purchases.

0 Votes

I'm looking for a private lender who I can scale with. Ideally we would meet in person (Midwest region).

0 Votes

I'm looking to buy in that area.

0 Votes

All Forum Posts by: Stan Johnson

Stan Johnson has started 2 posts and replied 8 times.

Post: Any private lenders who allow less than 20% down payment and 740 FICO for DSCR loans?

Post: Any private lenders who allow less than 20% down payment and 740 FICO for DSCR loans?

Post: Any private lenders who allow less than 20% down payment and 740 FICO for DSCR loans?

Post: Any private lenders who allow less than 20% down payment and 740 FICO for DSCR loans?

Post: Any private lenders who allow less than 20% down payment and 740 FICO for DSCR loans?

Post: Any private lenders who allow less than 20% down payment and 740 FICO for DSCR loans?

Post: Any private lenders who allow less than 20% down payment and 740 FICO for DSCR loans?

Post: Is anyone flipping in Rockford, IL?