Summary of published terms
- Loan types
- DSCR / rentalFix & flipBridge
- Channel
- Direct to investors
- Min FICO (lowest stated)
- 660
- Max purchase LTV
- 85%
- Max cash-out LTV
- 75%
- Min DSCR
- 0.75x
- Loan size
- $100K–$5M
- Prepayment penalty
- Rental: no-PPP options. Bridge: no prepayment penalty.
- Short-term rentals
- Yes
- Foreign nationals
- —
- Coverage
- Lends in 46 states (specific states not listed in text).
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
- $100K–$5M
- Min FICO
- 660
- Max LTV
- 85% purchase / 75% cash-out
- Min DSCR
- 0.75x
- Prepayment
- No-PPP options
Bridge program
- Loan size
- $100K–$5M
- Min FICO
- 660
- Leverage
- Up to 80% LTC
- Prepayment
- None
Fix & flip program
- Leverage
- Up to 93% LTC, 75% ARV