Loan Purpose Experience Minimum Maximum Loan Amount Minimum Loan Amount Eligible Properties Eligible Properties with Special Consideration Ineligible Properties Borrower Type LTV Maximum ARV Minimum FICO Loan Purpose LTC Maximum LTV Maximum ARV Loan Purpose Borrower Type Experience Minimum Maximum Loan Amount Minimum Loan Amount Eligible Properties Ineligible Properties LTV Maximum ARV Minimum FICO Loan Purpose LTC Maximum Loans for investors who are buying distressed properties, rehabbing, and selling. Sensible, flexible, and fastPurchase, limited cash-out (includes delayed financing), or cash-out
2+ investment properties in last 3 years
$3,000,000
1-4 Units: $100,000, Multi-Family: $200,000
Residential, Non-owner occupied, business purpose only. Single Family Residences (inc. PUD), 2-4 Units, Multi-Family (cash flow requirements apply, see guidelines; 2+ experience required. If 5+ experience, then no unit limit.)
Vacation properties (typically located at or near beaches, lakes or mountains) that are not supported by larger cities, economies and other industry besides tourism limited to 10% below the Max LTC. For example: Myrtle Beach SC, Pigeon Forge TN, Florida Keys FL, Martha’s Vineyard MA, etc.)
Condos (case by case), Rural, Mixed-Use, Manufactured, Modular, Log Homes, Farms, Storage Facilities, Commercial Properties, Land, among others as indicated in guidelines
Entity or Individual (see full matrix for details)
85% (Multi-Family 70%)
660
Purchase, limited cash-out (includes delayed financing), or cash-out
85% (Multi-Family 70%)
75% (Multi-Family 70%)
Production-Builder Product Overview
Purchase, limited cash-out (includes delayed financing), or cash-out
Entity (request additional details)
30+ investment properties in last 3 years
$150,000
$1,000,000
Residential, Non-owner occupied, business purpose only. Single Family Residences (inc. PUD), detached condos, and 2-4 Units
Condos (case by case), Rural, Mixed-Use, Manufactured, Modular, Log Homes, Farms, Storage Facilities, Commercial Properties, Land, among others as indicated in guidelines
75%
660
Purchase, limited cash-out (includes delayed financing), or cash-out
85%
LOAN PRODUCTS
FIX N FLIP