Investors!!!!! Bridge Loan Purchase Money/Cash-out Refinance on your rental properties!
(1-4 Units SFR (non-owner occupied)
This is great for investors looking for a quick, easy in and out loan, QUICK CASH OUT REFINANCE/ or CASH OUT prior to selling. The easiest loan is a 12-month term. We will piggy-back with a longer-term loan if desired.
** Stated income and no DTI requirement,
** No minimum FICO requirement,
** No minimum DSCR requirement on 1-year term
** No prepayment premium on 1-year term
** Full appraisals may not be required (may do BPO instead of appraisal)
** Interest-only payments
** Up to 80% LTV
** Longer term loans available as well
** 4 months piti reserve required (cash-out can be used to meet reserve requirement)
To receive an immediate quote, contact us here with the following information:
Property Address?
If purchase, what is the price?
If refinance, what is the estimated value?
What is the amount owed?
Rehab planned?
If so, how much and what is the after-repair value?
Closing under entity (LLC or Inc) or personal name?
Amount of liquid assets available?
How many flips or new builds completed in the last 3 years under your name/your entity name?
How many rentals owned in the last 3 years under your name/your entity name?
What is the estimated credit score?
To Apply Immediately! Down-load application and follow the instructions!
| nba-civic_real_estate_loan_application_1.pdf |