Long Term Rental Loan
DSCR - LG188
DSCR - LG188
Summary of all Guidelines | |
| Loan Types | DSCR Loan |
| Property Types | 2-4 Units, Condo, Multi Family, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $100,000 |
| Loan amount Maximum | $2,500,000 |
| Terms | 30 year |
| Credit Score Min | 650 |
| Lien Position | 1st |
| General Pricing or Guideline info | Benefits of Working With Us: -Customer Focused -Minimal Documentation -Competitive Pricing -Quicker Closing Times -In-House Servicing Long Term Rental Program Criteria: 1. A 650+ minimum score. 2. $250K up to $2.5MM non-owner occupied property. 3. 2 months of recent bank statements. 4. Score and background check. *Property Types We Fund: All properties must be non-owner occupied. |
| Updated as of | 2023-09-26 |
| Program Code | LG188 |
Benefits of Working With Us:
-Customer Focused
-Minimal Documentation
-Competitive Pricing
-Quicker Closing Times
-In-House Servicing
Long Term Rental Program Criteria:
1. A 650+ minimum score.
2. $250K up to $2.5MM non-owner occupied property.
3. 2 months of recent bank statements.
4. Score and background check.
*Property Types We Fund: All properties must be non-owner occupied.
These descriptions are limited information and meant for general reference purposes.