DSCR & No Ratio loans, 1-4 units, 30 yr fixed, LLC title

[Upen Patel]

Visit my post to see the wide breath of financing I offer.

This post focuses specifically on the Residential Portfolio Loans for investors. 

• DSCR loan (min 1.15)
• No Ratio loan - All we look at is your credit and the property appraisal

• 1-4 unit
• For purchase or Refi
• Loan terms - 5/1, 7/1, 15 yr fix, 30 yr fix
• DTI - 43%-50%
• Can title to LLC, Partnerships, C-corp, S-corp
• Derogatory credit allowed - bankruptcy, short sale, foreclosure, deed in lieu
• Loans upto $1.5M (per property), higher with exception
• $150,000 loan min
• FICO as low as 540
• Also includes:
  • DSCR loan (min 1.25)
  • No Ratio loan - All we look at is your credit and the property appraisal
  • Non-warrantable condo
  • Foreign National
  • 24 month bank statement loan
  • Asset depletion loan
  • Asset backed loan
• ALL 50 states

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Upen Patel

Mortgage Banker, National Lender

web: www.thefederalsavingsbank.com/upenpatel

app: https://www.thefederalsavingsbank.com/Application/...

The Federal Savings Bank

cell: (571) 331-5161

email: [email protected]

Federal NMLS# 1374243

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Financing Options Available in ALL 50 States - Alabama (AL), Alaska (AK), Arizona (AZ), Arkansas (AR), California (CA), Colorado (CO), Connecticut (CT), Delaware (DE), Florida (FL), Georgia (GA), Hawaii (HI), Idaho (ID), Illinois (IL), Indiana (IN), Iowa (IA), Kansas (KS), Kentucky (KY), Louisiana (LA), Maine (ME), Maryland (MD), Massachusetts (MA), Michigan (MI), Minnesota (MN), Mississippi (MS), Missouri (MO), Montana (MT), Nebraska (NE), Nevada (NV), New Hampshire (NH), New Jersey (NJ), New Mexico (NM), New York (NY), North Carolina (NC), North Dakota (ND), Ohio (OH), Oklahoma (OK), Oregon (OR), Pennsylvania (PA), Rhode Island (RI), South Carolina (SC), South Dakota (SD), Tennessee (TN), Texas (TX), Utah (UT), Vermont (VT), Virginia (VA), Washington (WA), West Virginia (WV), Wisconsin (WI), Wyoming (WY)

New York, Newark, Jersey City, Los Angeles, Long Beach, Anaheim, Riverside, San Bernardino, Honolulu, Ontario, Chicago, Naperville, Washington, Baltimore, Arlington, Vienna, Fairfax, McLean, Falls Church, Bethesda, Silver Spring, Prince William County, Prince Georges County, San Jose, San Francisco, Oakland, Boston, Worcester, Providence, Philadelphia, Dallas, Fort Worth, Miami, Fort Lauderdale, Port St. Lucie, Houston, Atlanta, Athens, Clarke County, Phoenix, Mesa, Scottsdale, Minneapolis, St. Paul, Seattle, Tacoma, Denver, Aurora, San Diego, Carlsbad, San Ramone, Portland, Vancouver, Salem, Orlando, Daytona Beach, St. Louis, St. Charles Farmington, Tampa-St., Petersburg-Clearwater, Columbia, Towson, Sacramento, Roseville, Charlotte, Concord

[Upen Patel]

Originally posted by @Evan Bell:

Very interested in this. Do you only do loans, or can you also offer lines of credit against equity? This would be for free and clear properties held in a CA LLC.

We don't do LOC. Only 1st position loans.