Financing up to 80% LTV for investor purchases.

  • 2-4 unit purchases up to 75% LTV
  • R/T Refinances up to 75% LTV (1-4 units)
  • Cash-out refi 1-unit to 75% LTV & 2-4 units 70% LTV
  • Min score is 620 for 1-2 units, 660 for 3-4 units
  • Max DTI is 50%- need comp factors to exceed 45%
  • Min reserves are 6 months; additional may be required by AUS
  • Appraisal must include Operating Income statement & Comparable Rent Schedule
    • Required regardless of whether rental income is used to qualify
  • Max of 4 financed properties at time of application & after closing, including subject
  • 2 loans per borrower
  • Max seller contribution is 2%
  • Gift funds & gifts of equity are not allowed on investment transactions

Please call with any questions so we can set you up with a lender.

Nathan Bangs

www.NathanBangs.com