Low DSCR & Rent Ready Vacant Residential Rental Loans (1-9 Units)
No upfront fees, income verification, or tax returns are required
Nationwide in 46 States
Investment single family, duplex, triplex, quads, townhomes, condos and condotels
Mixed use: 6 to 9 units $1 Million to $2.5 million
Long term, short stay and rent ready vacant properties
Primary, secondary and rural
Single property: $250,000 to $3 million per property
Portfolio: $500,000 to $20 million+ ($75,000+ per property)
Cash-out, refinance and purchase to 80% LTV
Competitive fixed interest rates
Rate locks
30-year fixed or 5/6, 7/6,10/6 ARMs partial Interest Only or fully amortizing
30-year amortization
DSCR: 0.0X+
Credit: 620+
Origination varies
Prepay: 5/4/3/2/1/0, 1 year and no prepay options
Appraisal required
Loans close in LLC, corporation name
Recourse
No bankruptcy, foreclosure, short sales or deed in lieu last 2 years
First lien; no subordinated debt permitted
U.S.A. citizens, permanent resident aliens and foreign nationals welcome
Click the GET STARTED Link for PRE-APPROVAL within 48 hours for qualified borrowers.
No upfront fees, tax returns, income verification, credit cards, Social Security Numbers or credit checks are required for PRE-APPROVAL.