Full Documentation Loans
Loan amounts up to $2,000,000. Ideal for borrowers who want
maximum leverage. This program allows us to take a common sense
approach to underwriting…therefore giving us the flexibility to
pre-approve your loan submission based on either a DSCR or Debt-To-Income
approach.
| Property
Types |
| Tier I: |
Multifamily and Mixed-Use |
| Tier 2: |
Office, Retail, Warehouse, Self-Storage, Light
Industrial, Mobile Home Parks, Bed &
Breakfast, Automotive Repair |
| Tier 3: |
Heavy Industrial, Rooming House, Funeral Home |
| Tier 4: |
Health Care, Day Care, Restaurant, Gas Station |
|
| Loan
Types |
- Purchase
- Refinance
- Cash-out Refinance
|
| Loan Amount |
$100,000 to $2,000,000 |
| LTV |
Up to 90% - 97% |
| Fixed Period |
3, 5, 7, and 30 - year fixed rate |
| Terms |
15, 20, and 30 year amortization options |
| Minimum DSCR
/ DTI |
1.20 DSCR / 60% DTI
(investor) or 75% DTI (owner-user) |
| Program
Highlights |
- High LTV’s, get maximum leverage
- Flexible underwriting (qualify based on DSCR or DTI)
- NO loan committees, NO loan covenants, NO mandatory
lock-outs
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