DSCR Rental Loans

Long-term financing for rental property Investors. Finance a Single Investment Property or Portfolio for new Purchase, Refinance to stabilize terms or take cash-out.

Professional Investor - Multifamily / Mixed-Use Program Overview

Eligible Collateral

1.10

Not Permitted

0x30x24

6 - 12 months, see matrix for details (cash out may NOT be used for reserves)

IL, NY, NV, ND, SD, VT (AK & HI considered on an exception basis)

Purchase, Rate/Term Refinance, Cash-Out Refinance

$400k - $3M

5-10 Units; 2-8 Units Mixed-Use (exceptions: > 2 acres; rural)

15, 30-Yr Fixed; 30-Yr IO;

5, 7, 10-Yr ARM; 5, 7, 10-Yr ARM IO (30-Yr)

Business Purpose DSCR (Non-Owner Occupied)

Loan Type

Loan Amount

Loan Term

Loan Purpose

Ineligible States

Reserve Requirement

Housing History

Short-Term Rental

Minimum DSCR

Professional Investor - Blanket Loan Program Overview

Eligible Collateral

Min. Property DSCR: ≥ 1.0 full AM or ≥ 1.2 I/O

Not Permitted

0x60x12

2 - 12 months, see matrix for details (cash out may be used for reserves)

NV, ND, SD, VT (AK & HI considered on an exception basis);
IL, NY: 2-4 Units Ineligible

Purchase, Rate/Term Refinance, Cash-Out Refinance

$400k - $3M

1-4 Unit, Condo, Condotel (exceptions: > 2 acres; rural,)

Fixed: 15, 30 yrs;

ARM: 5/6, 7/6, 10/6

Business Purpose DSCR (Non-Owner Occupied)

Loan Type

Loan Amount

Loan Term

Loan Purpose

Ineligible States

Reserve Requirement

Housing History

Short-Term Rental

Minimum DSCR

Investor Advantage Program Overview

Eligible Collateral

0.50 (see guidelines for details)

US Citizen, Permanent Resident, Non-Permanent Resident (75/70: PRT/CO), Foreign National

3 - 12 months, see matrix for details (cash out may be used for reserves)

NV, ND, SD, VT (AK & HI considered on an exception basis)

Purchase, Rate/Term Refinance, Cash-Out Refinance

$150k - $3.5M

SFR, 1-4 Units, PUD, Condo, Non-Warrantable Condo, Condotel, Rural (Inquire about eligibility for DSCR up to 20 acres)

Fixed Rate: 30, 40-Yr (IO Only);

ARM: 5/6, 7/6

Business Purpose DSCR (Non-Owner Occupied)

Loan Type

Loan Amount

Loan Term

Loan Purpose

Ineligible States

Reserve Requirement

Eligible Borrowers/Guarantors

Minimum DSCR

Cash Flow Advantage Program Overview

Eligible Collateral

1.00 Purchase, R/T; 1.10 Cash Out

0x30x12

3 - 12 months, see matrix for details (cash out may be used for reserves)

NV, ND, SD, VT (AK & HI considered on an exception basis)

Purchase, Rate/Term Refinance, Cash-Out Refinance

$500k - $2M

SFR, 1-4 Units, PUD, Condo, Non-Warrantable Condo, Rural (Inquire about eligibility for DSCR up to 10 acres)

30-Yr Fixed; IO (10-Yr IO, 20-Yr full AM)

40-Yr Fixed IO (10-Yr IO, 30-Yr full AM)

Business Purpose DSCR (Non-Owner Occupied)

Loan Type

Loan Amount

Loan Term

Loan Purpose

Ineligible States

Reserve Requirement

Housing History

Minimum DSCR