NO MORE NAIL-BITING WHILE WAITING FOR THE RENTAL INCOME RESULTS FOR THE PROPERTY’S EARNINGS!
Up to 75% LTV (loan to value) for DSCR on purchase, rate/term and cash out (need an 80 confidence level or greater): We will now be running a Rental AVM at the prequal stage, which will provide the estimated monthly rental income upfront. That means no more guessing or waiting on the 1007 we’ll use the Rental AVM income to move forward with confidence.
Please see the guidelines below for more details:
DSCR Only Minimum credit score 680 Purchase, Refi Cash Out, Refi Rate & Term Max 75% LTV (no exceptions) Confidence rating of 80 Purchase (Will use the higher of the two) Rental AVM OR; 1007 Refi Cash OR Rate & Term (Will use the higher of the three) Rental AVM OR; 1007 OR; Lease Agreement and 3mns cancelled checks 1-Unit and Condos only (warrantable, non- warrantable, & condo hotels)
No Rural properties (no exceptions) No 2-4 units properties (no exceptions)
90-Day expiration for the AVM Full Appraisal required for value
Let's close your real estate transaction with ease and an on-time close and fund.
Danijella Dragas
www.thelendingcorporation.com +1 949-400-5779 (Direct Line) ddragas@thelendingcorporation.com +1 917-456-9757 (Mortgage Assisstant)
Personal NMLS#:1099405 Company NMLS#:2621251
This flyer is a promotional advertisement for loans offered through The Lending Corporation. All loans are subject to credit approval, and the terms are subject to change. TLC/AOM/2025 THE LENDING CORPORATION NMLS 2621251 "Control risk, the returns will take care of themselves"
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