Another Amazing Portfolio Program For Your Investment Properties
- No income on 1003
- Employment not verified
- 4506 and tax returns not required
- Borrowers must have a history or owning and managing commercial or residential real estate for a period of at least 6 months
- Max. LTV 80% with 720 FICO for purchase/R&T/Cash-out
- Min. FICO 640 to 70% for purchase/R&T Unlimited Number of financed properties allowed
- Foreign Nationals Allowed
- Shorter waiting periods on negative credit events
- No title seasoning for cash-out as long as one original borrower remains on the new loan and title
- Loan qualification is based on debt coverage ratio (DCR) for the subject property. Debt to income ratio (DTI) is not calculated.
- 7/1 ARM with competitive rates