No Personal Income Investor Loans for AZ and CO Properties

[DeWitt Gibson]

Private Money Investor Loans Available for Arizona and Colorado Single Family Properties

NO Personal Income Requirement

NO Employment Requirement

NO DTI

NO Tax Returns Required

NO Residual Income

First Time Investors OK

Closing in an LLC Fine

No Maximum Financed Properties Overall (5 max with this lender)

Single Family / Townhome / PUD / Warrantable Condos OK

Competitive Rates

Minimum Debt Service Coverage Ratio = 0.75

DSCR = Monthly Rent / Total Monthly PITIA (Principal + Interest + Taxes + Insurance + Association dues)

$100,00 up to $1,500,000 Loan Amount (maximum $500,000 cash out)

80% Max LTV Purchase (65% for "Unleased Properties" or "Vacation Rentals")

75% Max LTV Refinance

Full Appraisal Required

3 months+ of Asset Reserves Required

Credit Report Required with Minimum FICO 660 with no Bankruptcies or Foreclosures in previous 48 months – 1 30 day late over last 12 months OK.

Must have a last 12 month Mortgage History (either Primary Residence Mortgage or Another Investment Mortgage + Verification of Rent for your Primary)

Direct Message Me for More Information