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Obtain long-term rental financing with 30-year terms and rates starting at 4.95%.
LOAN CRITERIA
Collateral:
Non-Owner Occupied 1–4 Family Real Estate; Condos; Townhomes;
Planned Unit Development (PUD)
Rates: Starting at 4.95%
Term: 30 Years
Loan Amount: $50K–$2M
LTV:
Purchase: The Lesser of Up to 80% of the As-Is
Value or Up to 80% Loan-to-Cost
Refinance: Up to 75% of the As-Is Value
Cash-Out: Up to 75% of the As-Is Value
Property Value:
“As-Is” Appraised Value Must Be Greater Than $75K
Credit Score: 650 Minimum
Debt Service Coverage Ratio (DSCR): 1.10
Fast Financing that Fits Your Real Estate Investments
Purchase
FICO MAXIMUM LOAN-TO-VALUE (LTV) MAXIMUM LOAN-TO-COST (LTC)
720+ Up to 80% of the As-Is Value Up to 80% Loan-t o-Cost
650 - 679 (or FN) Up to 70% of the As-Is Value Up to 70% Loan-t o-Cost
680 – 719 Up to 70% of the As-Is Value Up to 80% Loan-to-Cost
Refinance
FICO MAXIMUM LOAN-TO-VALUE (LTV)
720+ Up to 75% of the As-Is Value
680 – 719 Up to 70% of the As-Is Value
650 - 679 (or FN) Up to 65% of the As-Is Value
Cash-Out
FICO MAXIMUM LOAN-TO-VALUE (LTV)
720+ Up to 75% of the As-Is Value
680 – 719 Up to 65% of the As-Is Value
650 - 679 (or FN) Up to 60% of the As-Is Value
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