Short-Term Rentals Permitted
- Purchase, Rate & Term Refi, Cash out
- DSCR = Gross Income divided by PITIA/ITIA
- Max loan amount $4,500,000
- 1 – 4 family properties and condominiums permitted
- 80% LTV for Purchase, Rate & Term Refi
- 70% LTV for Cash-Out Refi
- Down to 620 FICO
- Non-Warrantable Condos OK
- Gift Funds allowed
- No limit on Financed Properties
- Leasehold properties are eligible (Condo Not Available)
