CRITERIA | LOAN DETAILS |
---|---|
CREDIT | As low as 640 |
DOWN PAYMENT | 20% - 30% |
OCCUPANCY | Investment Only |
TERMS | 30 Yr Fixed / 5 YR Arm |
TRANSACTIONS | Purchase, Refinance Rate & Term, or Refinance Cash-Out |
ELIGIBLE PROPERTIES | SFR, Condos, and 1-4 Units |
MINIMUM LOAN AMOUNT | $100k |
MAXIMUM LOAN AMOUNT | $3 Million |
LTV | Max 85% |
APPRAISAL REQUIRED | Yes |
BANK STATEMENTS | 2 Month Bank Statement |
CLOSING TIME | 30 DAYS |
PRE-PAYMENT PENALTY | 36 Months to 60 Months |
RESERVES | 6-12 Months |
IMPOUNDS | REQUIRED |
VESTING | LLC, Partnerships, Corporations, or Indvidiaul |
GIFT FUNDS | Not allowed |
CRITERIA | LOAN DETAILS |
---|---|
CREDIT | As low as 640 |
DOWN PAYMENT | 20% - 30% |
OCCUPANCY | Investment Only |
TERMS | 30 Yr Fixed / 5 YR Arm |
TRANSACTIONS | Purchase, Refinance Rate & Term, or Refinance Cash-Out |
ELIGIBLE PROPERTIES | SFR, Condos, and 1-4 Units |
MINIMUM LOAN AMOUNT | $100k |
MAXIMUM LOAN AMOUNT | $3 Million |
LTV | Max 85% |
APPRAISAL REQUIRED | Yes |
BANK STATEMENTS | 2 Month Bank Statement |
CLOSING TIME | 30 DAYS |
PRE-PAYMENT PENALTY | 36 Months to 60 Months |
RESERVES | 6-12 Months |
IMPOUNDS | REQUIRED |
VESTING | LLC, Partnerships, Corporations, or Indvidiaul |
GIFT FUNDS | Not allowed |