30 Year Rental

1-4 SFR INVESTOR

For non owner occupied real estate investments

STATED INCOME, NO DOC LOANS — NO income verification required & NO tax returns needed.
Expand your small-balance mortgage origination business with solutions for investors of 1-4-unit residential properties. Featuring fast closings and competitive rates, this stated income program is a smart alternative for clients looking to transition out of a short-term loan or acquire a new investment property. We treat your rental property like your own small business, and we underwrite to the cash flow it will produce, not your personal income. We don’t limit the number of rental properties you can own, so we give you maximum flexibility. We provide personalized service throughout the entire loan process – from quote to close.

CASH-FLOW REQUIREMENTS

  • Qualifying income based on property cash flows
  • No Doc Loan: No W2, tax returns or 4506T required
  • Closing in a matter of days

We now Fund Airbnb Loans

MAX LTV

  • Up to 85% LTV on Purchases
  • Up to 80% LTV on Refinances and Rate and Term
  • Need operating income for at least 1 year
  • 100k minimum population by county

LOAN SIZE

  • $200k to 1M SFR, 2-4 Family 2M, Portfolio product up to 50M

LOAN TERMS

  • 5, 7, 10, 30 yr fixed, and 5, 7,10yr I/O Options
  • 30 Year amoritization
  • Up to 80% LTV R/T, Purchase

PROPERTY TYPES

  • 1-4 unit attached/detached properties
  • PUDs
  • Condominiums (Warrantable/non warrantable)
  • Airbnb

LOAN PURPOSE

  • Purchase
  • Rate/term refinance
  • Cash-out refinance

BORROWER

  • Business entity
  • Credit Score: Minimum 620
  • New Foreign Nationals Okay
  • Individual Ownership Allowed

MINIMUM DSCR

  • New No DSCR option available with 80% LTV at slightly higher rates. Call for more information.
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