SFR NO SCORE PROGRAM that can fund in 15 days after full package. The terms are as followed
- Up to 75% LTV of the purchase price (60% for the no score- no ARV or rehab loans)
- 5 to 7 points
- 15% I/O
- up to 18 months
- Unseasoned refinances up to 65% of the purchase price + repairs
- Seasoned refinances 65% LTV of the BPO
- No upfront fees, borrower will have to pay for BPO
(SFR)1-4 UNIT PROGRAM*
- Up to 500k (Only properties with FMV of $150k to $550k)
- Rates in the 9’s
- 65% LTV: Value is determined by income of property and debt service coverage.
- 2 year fixed on 25 yr AM with 5% prepay for fixed period
- National
- Blanket loan available
- Credit down to 600 Fico Score
* Properties must be in the name of a corporation or LLC.
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