You're Not Standard. Why Should Your Mortgage Be Standard?
Bank Statement Loan
Self-Employed Solutions: An alternative to income requirements for self-employed borrowers
2 years in same business
24 months business or personal bank statements
LTVs up to 90%
Credit Scores down to 580
Extended Rate Locks
With Locks as long as 360 days...With Locks as long as 360 days...
Debt Service Cover Ratio
Debt-Service Coverage Ratio (DSCR) is a measure of the cash flow available to pay current debt obligations.
The ratio states net operating income as a multiple of debt obligations due within one year, including interest, principal, sinking-fund and lease payments.
For example, the percentage of owner-occupants in the development must reside at a certain level. The construction status, the sovency if the condo project and other factors may also influence your ability to finance your project.
Fix and Flip for Investors
Hard Money Alternative...
Financing a Condominium may not be a stright forward as you'd think. They're are many factors that can effect finaincing.
Piggy Back Loans
Private Mortgage Insurance? No Way!Private Mortgage Insurance? No Way!