Pricing based on property type, LTV and amortization. To access our rates, please click here.
Property Types
Credit
To view all eligible property types, please click here.
660+ credit scores for primary borrower or primary guarantor.
Timing
Loan-to-Value
48 hours pre-approvals; 30-45 day closings.
Loans up to 80% of property value.
Rate Locks
Loan Purpose
Rate locks are automatic on 2 and 3-year fixed programs.
Rate/term refinance, cash-out refinance or purchase.
Prepayment Fees
Occupancy
5% for 5 years for all programs.
Owner occupied or investor properties are acceptable.
Closing Costs
Loan Types
$750 lender fee. All third party costs including appraisal, title, environmental insurance and survey (if required) are paid by borrower. $500 fee paid at closing if borrower declines automatic payment.
2, 3, 5 and 7-year fixed, then adjustable; fixed rate and interest only programs are available.
Guarantee
Terms
Personal guarantees are mandatory for all eligible borrowers including individuals, corporations, partnerships, LPs, LLCs and certain trusts.
15, 20, 25 and 30-year fully amortizing loans are available on all property types.
Escrows
Target Borrower
Tax escrows are required. Insurance escrows may be required.
660+ middle credit score, low debt relative to income, willing and able to fully document their income, at least 2 months of principal and interest payments in liquid assets, no bankruptcies within the last 7 years.
Other Attributes
No lender points, lockouts, loan committees or loan-to-one borrower.
