Single Family Residential
|Property Type||Single Family Residential, Multi Family 2-4 Unit & 5-50, Condo, Townhomes
(min. unit count is 1 Unit/door)
|Minimum Properties||2 Properties|
|Loan Amount||Minimum loan size of $75K|
|Loan to Value||Max LTV 75%|
|Loan Term||10 Year Term, 30 Year Amortization.
5,7,10 Year Balloons Yield Maintenance Up to Last 6 Months of Terms.
30 Years Fixed Rate Available For Loan Amounts Less Than 2 Million and 15 Properties Or Less
|Rent Coverage Ratio||1.20 (1.25 for loans under 2 million)|
|Proceed Usage||purchase, or refinance|
|Those Who Qualify||Foreign national—ok|
|Minimum Values||Sfh 50k each and 2-50-40k each|
|Credit Score||Min 650|
Get preliminary approval within 24 hours.
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