Rental Property Loan

[Doug Braxton]

Rental Property Loan for the Real Estate Investor.

Highlights

• Minimum Mid-FICO 650
• Same Day LOI
• Interest-only and fully amortized 30-year loans
• No seasoning requirement to refinance at Full-Appraisal Value
• Underwritten on property cash flow - No Personal Income Verification
• No Minimum DSCR on soon to be leased property
• Portfolio Loan Available (5+ properties/doors)

General Terms

• $100,000 - $2.5 million
• LTV: Up to 80%
• Interest: from 5.75%
• Rate: Fixed, Hybrid ARM and Partial Interest-Only Available
• Fixed Term: 5, 7, 10 or 30 years
• Term: up to 30 years
• Amort: up to 30 years
• DSCR: 0.80 minimum
• Multiple Prepayment Penalty Options
• Impounds Required
• Non-Recourse on $1M+ loan amounts

Collateral

• Condominium
• Single Family Home
• Townhouse
• Multifamily 2-4 units
• Planned Urban Developments (PUD)
• Multifamily 5+ units
• Vacation Rentals (Airbnb, Seasonal, etc…)

Interest rates are determined by credit score, leverage, fixed rate term, loan purpose and DSCR.

Contact me [phone] to discuss your scenario or visit www.1-4investor.com for additional information.
No Upfront Fee!

--
Doug Braxton
Commercial Mortgage Broker
Braxton and Company, LLC
P: [phone]
E-MAIL
www.braxtonandcompany.com | www.1-4investor.com