Investor Loan Program Highlights
  • Qualify based on cash flow of the subject property
  • Seasoned ownership/management experience not required if DSCR = 1.15
  • Up to 25% variance allowed between lease agreement & market rent*
  • No income | No employment verification | No tax returns | No debt to income ratio calculated
  • Business funds allowed for down payment, closing costs, & reserves for
    self-employed borrowers
  • Use current value to refinance or cash out
  • Loan amounts up to $2.5MM | Cash out up to $2MM
  • Only 1 appraisal required when loan amount is ≤ $1.5MM (Loan to Value ≤ 75%)
  • Own property under limited liability co.
  • 20% down option available with 720 credit score
  • Short-term rentals and gift funds allowed
  • Borrower can own unlimited financed properties
  • Enhanced pricing available with 3 year pre-payment penalty option
  • Experience owning and managing investment real estate not required if debt service coverage ratio = 1.25
  • Multiple term options:
    • 5/1, 7/1, 10/1 adjustable rate mortgages available with interest only options**
    • 15 & 30 year fixed

A borrower with a 25% or greater ownership interest in a business is considered self-employed.
All states (including DC) are eligible except DE, ME, MA, WY.
*Up to 10% without proof or 25% with most recent three month rent receipt verification
**No I/O in Illinois.

Non-QM Investor Program Sticker

Investor Guidelines