Investor ProgramFlexible 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 (DTI) ratios.
- Loan-to-value (LTV) ratios up to 80% for Purchase and Cash out to 65% (DSCR> 100%)
- Maximum borrower financed properties: 20 (CHM Maximum 10)
- Interest-only financing available
- Assets seasoning: 30 days (no gifts)
- Vest in LLC
- Foreclosure/short sale/deed-in-lieu seasoning: 36 Months
- Bankruptcy seasoning: 24 months
- Low Lender Fee of 995.00
- Loan Amounts to 2 Million
- Fast Closings (Treated as Business Purpose Loan)
- No Ratio down to 700 Fico Purchase Or Cash-Out
Investor Borrowers who either do not wish to provide personal income documentation, or are unable to qualify using traditional debt-to-income (DTI) qualifying.