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Updated almost 9 years ago,
NEW Turnkey Rental Residential Financing and Blanket Loans
These new programs are available nationwide (except ND, SD, AK, HI, UT, RI)
SFH/Residential Loans
- SFH, 2-4 Family, Condos, Townhomes
- Loans from $25k to $750k
- 30 Year Term & 30 Year Amortization
- Minimum Property Value of $50k
- Up to 80% LTV on Purchase
- Up to 75% LTV on Refinance
- Minimum FICO of 660
- Rate Range from 6.5 to 7.8% Fixed
- 3 Points Origination
- Can close as Individual or LLC
- Recourse
- NO Tax Returns
- NO W2 or Proof of Income
- Domestic and Foreign Nationals
Blanket Loans
- SFH, 2-4 Family, Condos, Townhomes, Mulfi-Family
- 10+ Doors
- Loans from $1M+
- 5 & 10 Year Term with 30 Year Amortization OR Interest Only
- Minimum Property Value of $50k
- Up to 75% on Purchase and Refinance
- Minimum FICO of 660
- Minimum DSCR of 1.2x
- Rate range from 6.5 to 7.8% Fixed
- 3 Points Origination
- Recourse and Non-Recourse
- Close as LLC
- Domestic and Foreign Nationals
Offering