Limited DOC 1-4 Units Purchase or Refinance – Rental
1-4 Units Rental Properties – Rental Loan Program*
Lending Criteria:
– 1-4 Family Investment/Rental Property
– Purchase, Refinance & Cash-out Refinance
– Principal & Interest amortized over 30 years.
– Rates: from 7 to 10%, Fixed for 7 years and adjusts once a year afterward.
– Prepayment penalty: 5% reduces by 1% every year til 0.
– Limited doc: 1 year Fed tax return, 2 months bank statements/assets, no pay stubs.
– You pay the regular points and closing cost.
– Vesting : Individual, Corporation , LLC , & Partnerships are allowed.
– Properties owned: 10+ properties allowed.
Loan to Value: Up to 75% Maximum.
Credit Scores: 630 minimum (middle score).
Call 215-392-0300 now or Contact Us today to see what we can do for you.
*Available in these 22 States only: AL, CT, FL, GA, IL, IN, LA, MD, MI, MO, MS, NC, NJ, NY, OH, OK, PA, SC, TN, TX, VA, and WI.