Long Term Rental Loan
DSCR - LG507
DSCR - LG507
Summary of all Guidelines | |
| Loan Types | DSCR Loan |
| Property Types | 2-4 Units, SFR |
| Lendding Area | NATIONWIDE |
| Loan amount Minimum | $150,000 |
| Loan amount Maximum | $2,000,000 |
| Interest Rate Minimum | 6.75% |
| Interest Rate Maximum | 10% |
| Points Minimum 1st TD | 1 |
| Terms | 5 / 1 year ARM, 7 / 1 year ARM, 10 year, 30 year |
| Typical Days Required to Fund | 6-10 Business days |
| Credit Score Min | 660 |
| Interest Only or Amortized | Amortized and Interest Only Options available |
| Entities | Foreign Nationals |
| Lien Position | 1st |
| Program Code | LG507 |
These descriptions are limited information and meant for general reference purposes.
