CRITERIA

LOAN DETAILS

CREDIT

As low as 640

 OCCUPANCY

Investment Only

DOWN PAYMENT

20% - 30%

TERMS

30 Yr Fixed / 5 YR Arm

TRANSACTIONS

Purchase, Refinance Rate & Term, or Refinance Cash-Out

ELIGIBLE PROPERTIES

SFR, Condos, and 1-4 Units

MINIMUM LOAN AMOUNT

$100k

MAXIMUM LOAN AMOUNT

$3 Million

LTV

Max 85%

APPRAISAL REQUIRED

Yes

BANK STATEMENTS

2 Month Bank Statement

CLOSING TIME

30 DAYS

PRE-PAYMENT PENALTY

36 Months to 60 Months

RESERVES

6-12 Months

IMPOUNDS

REQUIRED

VESTING

LLC, Partnerships, Corporations, or Indvidiaul

GIFT FUNDS

Not allowed