Summary of published terms
- Loan types
- DSCR / rentalFix & flipBridge
- Channel
- Direct to investors
- Min FICO (lowest stated)
- 600
- Max purchase LTV
- Not published
- Max cash-out LTV
- Not published
- Min DSCR
- No minimum
- Loan size
- $75K–$5M
- Prepayment penalty
- Fix-and-flip: none.
- Short-term rentals
- Yes
- Foreign nationals
- —
- Coverage
- DSCR in 48 states. Fix-and-flip excludes LA, MN, ND, SD and select metros (Baltimore, Chicago, Detroit).
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
Short-term rental program
- Min FICO
- 640
- Min DSCR
- No minimum
Fix & flip program
- Loan size
- $75K–$5M+
- Min FICO
- 600
- Leverage
- Up to 93% LTC, 90% purchase, 100% rehab, 75% ARV
- Prepayment
- None