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1st Nationwide Mortgage

Long Term Rental Loan
DSCR - LG402

1st Nationwide Mortgage

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.