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Details - Information last confirmed on December 1, 2020

Collateral: Non-owner Occupied 1-4 Family Residential Properties; Condos; Townhomes
Term: 30 Years
Amortization Options: 30-Year Fixed; Hybrid ARMS (3/1, 5/1, 7/1); 10-Year Interest-Only
Loan Amount: $55k-$1M
Purchase: Lesser of up to 75% of As Is Value or up to 80% Loan-to-Cost
Refinance: Up to 75% of the As Is Value
Cash-Out: Up to 70% of the As Is Value
Rate: Starting at 5.75%
Credit Score: 680 min
Prepayment Penalty: 3 Year and 5 Year Step-Down Options Available
DSCR Requirements
1.25x for Property Values <$150k
1.20x for Property Values $150k+

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Disclaimer: DealStream has not independently verified any of the information in this listing and makes no warranty as to its accuracy or completeness. This listing does not constitute an offer to sell, solicit or make an offer to buy an investment interest. Offers to sell, or the solicitation of offers to buy, any security can only be made through official offering documents, such as a subscription agreement and private placement memorandum.