Investor

Flexible Terms & Qualifying Standards.

Our Investor product offers potential borrowers rates closer to prime than traditional hard money loans. Borrowers can qualify with flexible terms, including using rental property cash flow or debt service coverage ratio (DSCR), for example. No income qualifying is required. The Investor mortgage is ideal for borrowers who don’t want to provide personal income documentation, or are unable to qualify using traditional debt-to-income ratios.

Program Highlights

  • DSCR as low as .75
  • Reserves from 3 months
  • First time investors permitted*
  • Short-term rentals permitted
  • Non-warrantable condos permitted
  • Cash-out can be used as reserves
  • 100% of gifts funds allowed as down payment for LTV 75% or less
  • Vest in LLC or personal name
  • Up 80% LTV for purchase
  • Up to 75% LTV for cash-out
  • Up to $2 million loan amounts
  • Interest-only payments available**
  • 2-4 unit properties up to 75% LTV
  • Asset seasoning: 1 month
  • Non-permanent resident alien up to 75% LTV
  • Unlimited cash-out to 60% LTV
  • Maximum financed properties: 20
  • Minimum FICO 660

*DSCR > 1.00 and the qualifying FICO is > 700
**Min. 700 FICO (DSCR ≥ 1.00, Max 75% LTV, DSCR ≥ .75)

Price out a loan scenario.