(ASSET BASED 30 YR. FIXED) FOR INVESTORS LOOKING TO PURCHASE AND HOLD PROPERTIES IN THEIR PORTFOLIO.
LENDING CRITERIA
✓ LOANS AMOUNT $75k – 2MM
✓ UP TO 70-75% LTV OF APPRAISAL VALUE.
✓ AFTER BEEN RENTED FOR A MONTH.
✓ MIN CREDIT: 660
✓ RATES FROM 6.5 TO 7.5%
✓ 30 YEARS FIXED AND 5/1 ARM
✓ INCOME BASE ON CASH FLOW.
✓ NO W-2 OR INCOME VERIF.
✓ NON-OWNER OCCUPY RENTAL
PROPERTY TYPES
✓ SFR
✓ 2-4 UNITS TOWNHOMES
✓ CONDOS