Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated about 6 years ago,
Charleston, SC local investment lender
He guys
I just wanted to share some info that might help some folks on here. These guys are a local Charleston lender that we work with on the residential side that offers some investment property financing that may be of some help to some people. Contact me via my cell or just shoot me a text if you want their contact info and I will forward it to you.
Bank Statement Program
Mortgage Solutions for Agency Fall-Out
No tax returns required
Bank statement deposits used to qualify
24 months personal bank statements
Loans up to $2 million
Credit scores down to 660
Rates starting in the 5’s
Up to 85% LTV
DTI up to 50% considered
Owner-occupied, 2nd homes, and investment properties
3 years seasoning for foreclosure, short sale, BK, DIL
Non-warrantable condos considered
Jumbo loans down to 660 score
7/1 ARM or 30-year fixed
No pre-payment penalty for owner-occ and 2nd homes
SFRs, townhomes, condos, 2-4 units
Seller concessions to 6% (2% for investment)