Summary
Our real estate investor items allow for minimum income documentation and base the transaction solely on the property. No personal income needed!
Available Programs
- Cash Flow Loan: If your lease or rent schedule covers the mortgage, this is the loan for you! No income needed and prime rate!
- No Ratio Loan : No rent used. Perfect for short term rental financing like Airbnb. 25% down, no questions asked.
- Foreign National Loan : Perfect for foreign investors looking to purchase US real estate. No US credit required!
- Mixed Use Loan : Financing for 2-8 unit properties that include both commercial and living space.
- Private Money Loan : Designed for investors who need short term financing. We offer interest only all the way to 30 year fixed.
- Commercial Loan : We have partnered with a Nationwide Direct PAR Lender to offer small balance commercial mortgages up to $100 Million. We offer easy access to funding with minimum documentation.
Programs
Cash Flow Loan
If your lease or rent schedule covers the mortgage, this is the loan for you! No income needed and prime rate!
Qualifications
Minimum Down Payment | 15% of sales price |
Minimum Credit Score | 600 |
Cash Flow Ratio | 100% Debt service coverage – Rent must cover mortgage |
Eligible Property Types | Single family residence, 1-4 unit, PUD’s, townhouse, condo, and non-warrantable condo |
Loan Amount | $100,000 to $300,000 |
Reserves | 3-12 Months (based on loan amount) |
Occupancy Type | Investment Only |
Vacancy | Can be vacant (will use appraisal rent schedule for rent amount or lease if property occupied) |
Appraisal Transfer | Yes, we will accept appraisals from another company |
Transaction Types Allowed | Purchase, refinance, and cash out |
Sourced Funds | 2 months bank statements |
No Ratio Loan
20% no other questions asked. Perfect for short term rentals like Airbnb. Also, great alternative for short term financing and fast closing.
Qualifications
Minimum Down Payment | 25% of sales price |
Minimum Credit Score | 680 |
Cash Flow Ratio | None Required |
Eligible Property Types | Single family residence, 1-4-unit, PUD’s, townhouse, condo, and non-warrantable condo |
Loan Amount | $100,000 to $2,000,000 |
Reserves | 3-12 Months (based on loan amount and down payment amount) |
Occupancy Type | Investment Only |
Vacancy | Can be vacant |
Appraisal Transfer | Yes we will accept appraisals from another company |
Transaction Types Allowed | Purchase, refinance, and cash out |
Sourced Funds | 1 to 2 months bank statements |
Foreign National Loan
We help foreign investors secure financing using common sense underwriting with minimum documentation needed.
Qualifications
Minimum Down Payment | 30% of sales price (gift funds not allowed) |
Minimum Credit Score | No US credit required |
Cash Flow Ratio | 110% Debt service coverage – Rent must cover mortgage by 10% |
Eligible Property Types | Single family residence, 1-4 unit, PUD’s, townhouse, condo, and non-warrantable condo |
Loan Amount | $100,000 to $1,500,000 |
Reserves | 12 months reserves required and must be in a U.S. bank |
Occupancy Type | Investment Only |
Sourced Funds | Assets sourced and seasoned for 60 days - must be in a U.S. FDIC insured bank for a minimum of 30 days |
Mixed Use Loan
Financing for 2-8 unit properties that include both commercial and living space.
Qualifications
Minimum Down Payment | 25% of sales price |
Minimum Credit Score | 660 |
Cash Flow Ratio | 100% debt service coverage to $1 Million, 110% debt service coverage > $1 Million |
Eligible Property Types | Max 6 units. Max 2 commercial units and 50% max commercial usage. |
Loan Amount | $200,000 to $2,500,000 |
Reserves | 6-12 Months (based on loan amount) |
Occupancy Type | Investment Only |
Vacancy | Can be vacant (will use appraisal rent schedule for rent amount) |
Appraisal Transfer | Yes we will accept appraisals from another company |
Transaction Types Allowed | Purchase, refinance, and cash out |
Sourced Funds | 2 months bank statements |
Private Money Loan
Short term financing with quick closing.
Qualifications
Minimum Down Payment | 20% of sales price |
Minimum Credit Score | 500 |
Cash Flow Ratio | None calculated |
Eligible Property Types | Single family residence, 1-4 unit, PUD’s, townhouse, condo, non-warrantable condo, condotels |
Loan Amount | $100,000 to $8,000,000 |
Reserves | None |
Occupancy Type | Investment Only |
Vacancy | Can be vacant (will use appraisal rent schedule for rent amount or lease if property occupied) |
Appraisal Transfer | Yes, we will accept appraisals from another company |
Transaction Types Allowed | Purchase, refinance, and cash out |
Sourced Funds | 1-month bank statement |
Commercial Loan
We have partnered with a Nationwide Direct PAR Lender to offer small balance commercial mortgages up to $100 Million. We offer easy access to funding with minimum documentation.
Qualifications
Max LTV | 80% |
Minimum Credit Score | 650 |
DSCR Ratio | None up to $750k loan amount (if 75% LTV). 1 to 1.25 for loan amounts greater than $750k (or 80% LTV) |
Eligible Property Types | Multifamily, Mixed Use, Office, Retail, Light Industrial, Warehouse, Self-Storage, Automotive, Mobil Home Parks, Daycare Centers, Restaurants and Bars |
Loan Amount | $150,000 to $100,000,000 |
Reserves | 3-12 Months (based on loan amount for 80% LTV). None for 75% or greater LTV |
Occupancy Type | Owner Occupied & Investment |
Vacancy | Allowed if purchase |
Transaction Types Allowed | Purchase, refinance, and cash out |
Sourced Funds | 2 Months of bank statements |