Single-family, townhomes, condos (warrantable & non-warrantable), 2-4 unit, and 5+ units
Non-owner occupied investment properties only
Rural properties not allowed
Loan Features
30-year fixed or 5, 7, 10 year interest only $75,000 to $2 million loan amount Up to 80% loan to value & cash-out
Borrower
660 minimum FICO; no recent foreclosures or bankruptcies
Entities and individuals; a personal guarantee is required
Foreign nationals allowed at reduced LTV
No employment or income verification
Other Details
Close in 2-3 weeks
Appraisal required
Lower of actual and market rents used to qualify
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