Investor

Flexible Terms & Qualifying Standards.

Our Investor product offers potential borrowers rates closer to prime than traditional hard money loans. Borrowers can qualify with flexible terms, including using rental property cash flow or debt service coverage ratio (DSCR), for example. No income qualifying is required. The Investor mortgage is ideal for borrowers who don’t want to provide personal income documentation, or are unable to qualify using traditional debt-to-income ratios.

Program Highlights

  • DSCR qualified off I/O payment
  • Recently listed/cash-out OK
  • Large deposits do not need to be sourced
  • Vest in LLC
  • Up to 80% LTV to $1.5M
  • Up to 75% LTV for cash-out
  • 2-4 units up to 80% LTV; condos up to 75% LTV
  • DSCR as low as .75
  • Up to $2 million loan amounts
  • 3+ years credit event OK
  • Reserves from 3 months
  • Cash-out can be used as reserves
  • Asset seasoning: 1 month
  • Gift funds allowed
  • Interest-only payments available to 0% LTV
  • Short-term rental income permitted
  • AirDNA permitted on purchase
  • First-time investor OK
  • Delayed financing = rate/term
  • Non-warrantable condos permitted
  • Use current rent if higher than 1007

Price out a loan scenario.