|
|
The Top Questions
Why Do Business With Us? Upfront Mortgage Pricing Policy We help you build business Credit
Investor Tool Box Investor Rate of Return Worksheet Library of Investor Information Search Our Investor Mortgage Loans
|
Program 100INV1 Program Title: 100% Investor loan #1Minimum FICO: 680 Minimum Down: None Minimum Loan Amount: $50,000 Maximum Loan Amount: $250,000 Applicable property types: Single Family Homes, 2 family, Condo Documentation required: Full Documentation Applicable occupancy types: Investor Applicable loan purposes: Purchase/Rate term Refi Maximum Debt to Income ratio: 50% Minimum Reserves: 6 months of total housing expense Charge Offs/Collections: May have to pay Bankruptcy/Foreclosures: To be Determined Mortgage Insurance Required: Yes Prepayment Penalty: Yes minimum is 1 year (longer prepayment period allows for a lower rate. Seller contribution allowed: 3% States Available: AL,AK,AR,AZ,CA,CO,CT,DC,DE,FL,GA,IA,ID,IL,KS,KY,LA,MA,ME,MD,MI,MN, MO,MS,MT,ND,NE,NM,NH,NC,NV,OH,OK,OR,PA,RI,SC,SD,TN,TX,UT,VA,VT, WA,WI,WV,WY Comments:
This is our most popular program, You can do up to 4 real estate investor mortgage loans on this program. You can also do a 2 family investor mortgage using this program. Most people who qualify for this program qualify at the lower spectrum of the rate scale.
Closing costs and fees are standard on this loan
Rates range from 7.125% - 9.125%
If you would like to get more information about this loan program, please fill out the form below.
|
|
