REAL ESTATE INVESTMENT PROPERTY LOANS
We specialize in Real Estate Investment Property Loans both Conventional Full Doc and Non-QM Financing.
Find out more information, great rates for Investment Property Loans.
There are many different types of Financing available for Investment Properties.
Conventional Real Estate Investment Property Loans Require Full Documentation with Tax Returns and normally have better rates, however underwriting guidelines are more stringent and take longer.
NON-QM DSCR Loans are available for Investors who do not want to use Tax Returns or have more than 5 properties, requiring Creative Financing.
- A great niche for your investor-focused business
- Give property investors options they can’t easily find
- Excellent alternative to hard money lenders
- Very short seasoning for credit events
- SPECIAL FEATURES
- Loan amounts up to $3 million
- ”One day” seasoning for foreclosure, short sale ordeed in lieu for loan amounts under $1MM
- 24 months’ seasoning for Chapter 7 bankruptcy
- Up to 80% LTV (75% LTV for cash out)
- Credit scores as low as 620
- 12 months of personal bank statements for self-employed OK
- No maximum number of financed properties
- Foreign nationals OK
- 30 year fixed & 5/1 ARM (interest only available for ARM)
F E AT U R E S
Loan amounts up $3 million
One Year Income Doc OK for Self-Employed and Basic W2
No minimum trade line requirement with 3 credit scores,
LTV< 75% and 24 month housing payment history
Smart asset depletion guides – assets divided by 120 months
4 year seasoning for BK, foreclosure, short sale or deed in lieu
LTV up to 90% (purchase, rate & term) or 80% (cash out)
DTI up to 55% (purchase, rate & term)
Credit scores as low as 660 (640 with exception)
Owner-occupied, second homes and investment properties
12- and 24-month bank statement program
T E R M O P T I O N S
30-year fixed & 15-year fixed
40-year fixed with 10-year interest only period
7/1 ARM & 5/1 ARM (interest only available on both)
Based on the Debt Service Coverage Ratio,