Investor Loan
For Investor of rental or business.
• Qualification is based on rental income or cash flow.
• 80% Loan-to-Value (20% Down Payment)
• 640 Minimum Credit Score
• 6 Months Reserves of PITI (Principal, Interest, Taxes, Insurance)
• No Income or Employment Verification.
• Loan Amounts $100,000 – $2.5M
• Debt Service Coverage Ratio (DSCR) = Gross Rental Income % PITIA
• DSCR should be greater than 1.0, but minimum is .8