Investment property consists of up to 1 to 4 units (in the same building/lot) rented out to tenants. The borrower should have property management experienced and post-closing cash reserves equal to 6 months loan payments for principal, interest, taxes and insurance. A six month rent-loss insurance rider is also required.

Programs

  • Conventional
  • Non-Conforming
  • portfolio

Products

  • Fixed rate
  • ARMs & Intermediate term fixed rates

  • Cash-Out refi

Product Types

  • Purchase money
  • Refinance for rate & term
  • Refinance for cash-out

 

Income Qualifications

  • Full documentation

All terms are subject to change at any time without notice.