DSCR Loans
Long-Term Rental Financing
Obtain long-term rental financing with 30-year terms.
LOAN CRITERIA
Collateral:
Non-Owner Occupied 1– 4 Family Real Estate; Condos; Townhomes; Planned Unit Development (PUD)
Term:
30 Years
Loan Amount:
$55K–$2M
LTV:
- Purchase: The Lesser of Up to 80% of the As-Is Value or Up to 80% Loan-to-Cost
- Refinance: Up to 80% of the As-Is Value
- Cash-Out: Up to 75% of the As-Is Value
Property Value:
“As-Is” Appraised Value Must Be Greater Than $100K Subject to Increase Based on Location
Credit Score:
660 Minimum
Debt Service Coverage Ratio (DSCR):
1.05
Long-Term Rental Financing
Fast Financing that Fits Your Real Estate Investments
Long-Term Multi-Family Financing
Obtain long-term financing for 5 to 9-unit apartment buildings.
LOAN CRITERIA
Collateral:
Multi-Family Apartment Buildings 5+ Units*
*Maximum 9 Units
Term:
30 Years
Amortization Options:
30-Year Fixed, Hybrid ARMS (5/1, 7/1, 10/1) & Interest-Only Options Available
Loan Amount:
Minimum Value Requirement of $40k Per Door.
LTV:
- Purchase: The Lesser of Up to 70% of the As-Is Value or Up to 70% Loan-to-Cost
- Refinance: Up to 70% of the As-Is Value
- Cash-Out: Up to 65% of the As-Is Value
Credit Score:
680 Minimum
Long-Term Multi-Family Financing
Fast Financing that Fits Your Real Estate Investments
Leverage Based On Credit Score
