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1st Nationwide Mortgage

Long Term Rental Loan

Property Types 2-4 Units, SFR
Lendding Area california, colorado, florida, idaho, oregon, texas, virginia, washington
Loan amount Minimum $200,000
Loan amount Maximum $3,000,000
Interest Rate Minimum 7%
Interest Rate Maximum 8%
Points Minimum 1st TD 1
Points Maximum 1st TD 2.75
Terms 30 year
Credit Score Min 700
Lien Position 1st
Prepayment Penalty 3+ years
Fixed or Adjustable Fixed
Updated as of 2024-01-12
Program Code LG402

Summary of all Guidelines

Loan Types DSCR Loan
Loan amount Minimum $200,000
Prepayment Penalty To be determined

1st Nationwide Mortgage is located in Irvine, CA. They offer financing for DSCR Loans. Their minimum loan amount is $200,000.

These descriptions are limited information and meant for general reference purposes.
100 Spectrum Center Dr, #900