Long Term Rental Loan
DSCR Portfolio Program
Program #LG148
DSCR Portfolio Program
Program #LG148
Summary of all Guidelines | |
| Loan Types | DSCR Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $500,000 |
| Loan amount Maximum | $6,250,000 |
| Terms | 5 year, 10 year, 30 year |
| Credit Score Min | 620 |
| Entities | No Foreign Nationals |
| Lien Position | 1st |
| Prepayment Penalty | 5,4,3,2,1, 5,5,5,5,5, 3,2,1 |
| General Pricing or Guideline info | Property Requirements • Min of 3 SFR/2-4-unit properties or $500,000 loan amount • Max of 50 properties may be combined into 1 loan • Min unit value: $100,000 |
| Updated as of | 2023-04-21 |
Property Requirements
• Min of 3 SFR/2-4-unit properties or
$500,000 loan amount
• Max of 50 properties may be
combined into 1 loan
• Min unit value: $100,000
- Millie Corripio
AVP - Sales Director
