Summary of published terms
- Loan types
- DSCR / rental
- Channel
- Direct to investors
- Min FICO (lowest stated)
- 640
- Max purchase LTV
- 80%
- Max cash-out LTV
- 80%
- Min DSCR
- 0.75x
- Loan size
- Not published
- Prepayment penalty
- Not published
- Short-term rentals
- Yes
- 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
- Min FICO
- 640
- Max LTV
- 80% purchase, R&T and cash-out
- Min DSCR
- 0.75x purchase/R&T; 1.00x cash-out
- Notes
- 660 FICO when DSCR <1.00