A Unique Program for Rental Property Financing!

[Jim Lally]

If you are currently seeking a to purchase or refinance a rental property please consider this unique lending program.  Details are shown below:

Low Interest Rate- Rental Loan Program

Fico: 660+
Loan Terms: 30 year amortization. Fixed for 5 years, after that interest rate adjusts.
Loan Size: $60K to 5 Million.

Property Value:Property must be worth at least $75k (each property).
Max LTV: Up to 75% LTV If fico is over 700.
Debt Service Ratio: 1.3 on the standard rental program.
Interest Rate: 5.25%-7.15%
Property Types: Only 1-4 unit investment properties.

Seasoning:6 months
Pre-Payment Penalty: Step Down, 5%, 4%, 3%, 2%, 1%.
Lending Territory: Nationwide besides NV, ID, MT, ND, SD, NH & ME.
Appraisal Cost: $500-$600 per property

Lender Points: 2 lender points

Experience: Borrower needs to own their own home.
Special: Tax returns are requested but they are not underwritten off of.

If you are interested in learning more I can be reached at:  877-957-4357 x709 or [email protected].