This loan program is for those investors who wish to obtain funding for the purchase, refinance or cash out of a bulk residential real estate portfolio.
The minimum number of separate units is five. LTV is up to 75%.
Property types are SFR's, 2-4 Family, Townhouses, Condominiums, 5+ unit Multifamily, Mixed Use >50% Residential.
Non-Owner Occupied; Corporate Entity
Interest Rate - 5.75% to 6.75%; Term 5 or 10 years (30 Year amortization)
Points - One; DSCR minimum - 1.2x; Credit Score - 680
Send inquiries to info@WesthallFinancial.BIZ
This is not a loan commitment or guaranty of financing.