Loan Purpose

Borrower Type

Eligible Properties

Ineligible Properties

Experience Minimum

Minimum DSCR

LTV Max

Term Options

Amortization

Prepayment Penalty

Minimum FICO

Loan Amount

No minimum required.

Any properties listed for sale in the last 6 months.
Rural, Multi-Family, Mixed-Use, Manufactured, Farms, Storage Facilities, Commercial Properties, Land, among others as indicated in guidelines

No minimum DSCR, however, Lease (if applicable) and Appraiser's Market Rent must be provided

660

80%; See full matrix for details.

$100,000 Minimum to $2,000,000 Maximum

Residential, Non-owner occupied, Business-purpose only. Most recently listed for sale > 6 months ago.
Single Family Residences (inc. Condo/PUD)
2-4 Units (75% max LTV)
Warrantable Condo (75% max LTV)
Non-Warrantable Condo (65% Max LTV)
Short-Term Rental - Any Units
(See full matrix for details.)

Purchase, limited cash-out (includes delayed financing), or cash-out

Entity or Individual (See full matrix for details.)

Loan Purpose

Borrower Type

Eligible Properties

Ineligible Properties

Experience Minimum

LTV Maximum As-Is

Term Options

Amortization

Prepayment Penalty

Minimum FICO

Loan Amount

2+ required. (5+ required for Multifamily, over the past 3 years.)

Rural, Mixed-Use, Manufactured, Farms, Storage Faciliites, Commercial Properties, Land, among others as indicated in guidelines

75% (Multifamily 70%)

660

1-4 Units: $100,000; Multifamily: $500,000

• Single Family Residences, attached or detached (inc. Condo/PUD)

• 2-4 Units

• Warrantable Condo

• Non-Warrantable Condos (5% LTV reduction from max. See guidelines for property eligilbity)

Purchase, limited cash-out (includes delayed financing), or cash-out

Entity or Individual (see full matrix for details)