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Documents Required
Completed application
Two months bank statements
Corporate entity documents
Previous real estate experience
Loan Brief
Loan Amount: $50k-$7.5m
Term: 24 months (12 month extension option available)
Rent coverage ratio: 1.15
Rates: Starting at 7.49%
Credit Score: 620 Minimum
LTV
Purchase: The lesser of up to 80% of the 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
Collateral
Non-Owner occupied 1-4 family Real Estate; Condo; Townhomes.
Short-Term Rental 短期出租贷款
A hard money loan intended for new and eperienced real estate investors seeking short-term rental financing nationwide.
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