Summary of published terms
- Loan types
- DSCR / rentalFix & flipBridge
- Channel
- Direct to investors
- Min FICO (lowest stated)
- Not published
- Max purchase LTV
- 80%
- Max cash-out LTV
- 80%
- Min DSCR
- Minimal DSCR requirements
- Loan size
- $75K–$5M
- Prepayment penalty
- Fix-and-flip: 12-month term no prepay; 24-month term 6-month prepay.
- Short-term rentals
- —
- Foreign nationals
- —
- Coverage
- Not published
Summary fields show the lender’s rental/DSCR program where it has one, otherwise its bridge program. Loan size spans all programs listed.
Program details
DSCR / rental program
- Loan size
- $75K–$2.5MM single ($5MM portfolio)
- Max LTV
- 80% / 80% cash-out
Fix & flip program
- Loan size
- $75K–$5M
- Leverage
- Up to 90% LTV purchase w/ renovation, 100% rehab