Long Term Rental Loan
DSCR
Program #LG402
DSCR
Program #LG402
![1st Nationwide Mortgage](https://lendding.com/wp-content/uploads/2024/09/2087398000047734003_accounts_photo-150x96.png)
Summary of all Guidelines | |
Loan Types | DSCR 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 |
These descriptions are limited information and meant for general reference purposes.
- Christopher Arco