Summary of published terms
- Loan types
- DSCR / rentalFix & flip
- Channel
- Direct to investors
- Min FICO (lowest stated)
- 600
- Max purchase LTV
- 85%
- Max cash-out LTV
- 75%
- Min DSCR
- 1.0x (no-DSCR option)
- Loan size
- $50K–$3M
- Prepayment penalty
- DSCR options: none, 1-0-0, 3-0-0, 3-2-1, 5-4-3-2-1. Fix-and-flip: none.
- Short-term rentals
- Yes
- Foreign nationals
- Yes
- Coverage
- DSCR nationwide. Fix-and-flip nationwide except ND, SD, NV, AZ.
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
- $50K–$3M
- Min FICO
- 650
- Max LTV
- 85% purchase / 80% R&T / 75% cash-out
- Min DSCR
- 1.0x (no-DSCR available)
- Prepayment
- None, 1-0-0, 3-0-0, 3-2-1, 5-4-3-2-1
Fix & flip program
- Min FICO
- 600
- Leverage
- Up to 90% acquisition, 100% renovation
- Prepayment
- None