This product is a good fit for residential properties with 1-4 units, which you intend to use as an investment property for rental income. No rehab budget is available with this loan. Purchase, refi and cash out refi is available.

Loan amounts: $100,000 to $2,000,000
Type of collateral: 1-4 units
LTC: up to 80%

LTV: up to 80%

Minimum DSCR: none

Short term rental: yes

Minimum FICO: 680

Cash out refi: available
Term: 360 months fixed rate
Expected turnaround time: instant approval, instant proof of funds, 14-21 day close

Rates and other details can be found on the Rent product page.

Did this answer your question?