DSCR RENTAL LOANS

OVERVIEW

- Rental loans are a great way to finance investment properties that produce cashflow

- Targeted for Buy and Hold investors

- Excellent source of long-term financing

- Refinance a Bridge Loan upon property stabilization

- Avoid the traditional bank process and still achieve low long-term financing

LOAN RATES

- 3.75% – 6%

- Amortizing loans standard

- Interest only option available

- 1% origination fee

LOAN TERMS

- 30 Year Fixed Rate

- ARM (i.e. 5/1 or 7/1) options available

- Interest only options available

- Up to 80% LTV

REQUIREMENTS

- First Lien Only

- Property must be in LLC or business entity

- New appraisal required

- If property is not rented, market rents will be used

- Minimum 600 FICO

LOCATIONS WE SERVICE

- NewJersey

- Florida

- Long Island

- New York

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