Program Details

Fixed rate as low as 3.5%*, or 4.25% without buydown.
30-Year Term, No Call. 30-Year Amortization
Up to 75% LTV, Cash-Outs Eligible
2.0% Origination Fee
No Tax Returns Required
680+ FICO Score
$100,000 Minimum Property Value
1-4 Unit Residential
Eligible Entities: LLCs and Individuals
Prepayment Penalty: Declining Points

Cash-Flow Based Approval

Unlike traditional mortgages, qualification for this lending program is based on the property’s Debt Service Coverage Ratio (DSCR), not your personal debt-to-income ratio. DSCR is a measure of the net cash flow available to cover any debt payments. Your property should yield a positive cash flow after any bills and debt payments.

*This program advertised is not available in NJ, NY, or IL. However, we have alternative rental loan program with a similar rate for these areas.
*Not available in NV.
*APR 3.883% and 4.454%