No Limit on Financed Properties 1-4 Unit

Real Estate Investors

This loan product is a portfolio product that is ideal for a primary residence up to $2M loan amount on residential properties. This product has no limit to the number of other financed properties.

Credit score: 720
Property type: 1-4 Units, PUDS, Condos
Occupancy: Investment Property Only
Down Payment: 35%
Loan to Value: 65%          CLTV: 65%
Gift Funds Not allowed.
Closing cost: Seller and/or lender can pay up to 3%
Debt Ratio: Not Calculated
Max Loan Amount: 1,000,000


Additional Notes:

  • Borrowers must have a minimum of 3 years history owning, retaining, and managing investment properties
  • Qualifying income is based upon cash flow from property
  • Taxes verification is not required
  • 12 months Reserves are necessary
  • Additional 6 months reserves are required for each financed property
  • 2 Open lines of credit are necessary
  • Bankruptcy 4 yrs, Shortsale 7 yrs, Foreclosure 7 yrs
  • Minimum Loan Amount $100,000
  • Impounds are required

This page contains program highlights only. See sidebar links for further information and details.

All program are subject to change at anytime without any further notice