80% DSCR Cash Out Refinance, No Seasoning Required

[Erik Estrada]

Requirements

1. Select states only 

2. Minimum AS IS Value $100k 

3. Minimum Loan Amount $75k 

3. Minimum Rehab Completed $10k 

4. Minimum DSCR 1.00

5. Minimum FICO 700+

6. No Seasoning to use new value. Not capped at cost basis :) 

7. No Rural Properties 

8. 5% Reduction on LTV for STRs in most instances