Investor Loan
For Investor of rental or business.
• Qualification is based on rental income or cash flow.
• 20% Down Payment (700+ Credit, 250k+ Loan Amount)
20% Down Payment (720+ Credit, 250k- Loan Amount)
25% Down Payment (660-699 Credit, 250k+ Loan Amount)
• 660 Minimum Credit Score, or 680 if First-Time Investor
• 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