DSCR Investor Cash Flow Our innovative primary product for real estate investors is a collateral based business purpose loan. Traditional income verification is not required.
DSCR less than 1.00x allowed on purchase only Program Highlights Max loan amount up to $2.5 million FICO down to 660
Gift funds can be used for down payment, closing costs, and reserves after the borrower has documented the minimum required borrower contribution LTV up to 70% for foreign nationals on purchase and rate-term refinances and 60% on cash-out transactions First-time investors allowed up to 75% LTV Up to 3% seller concessions allowed towards closing Foreign nationals reserves 6 months PITI
Up to 80% LTV on purchase, rate/term refinances, and cash-out up to 75% Cash-out up to $500,000 and proceeds can be used for reserve requirements SFR, PUD, townhomes, 2-4 units, condos, non-warrantable condos 15-year fixed, 30-year fixed and 5/6 ARM with a 10-year interest only option
Let's close your real estate transaction with ease and an on-time close and fund.
Pamela Climo
www.thelendingcorporation.com (949) 683-7337 pclimo@thelendingcorporation.com
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. THE LENDING CORPORATION NMLS 2621251
Made with FlippingBook - Online catalogs