Real estate
financing designed
for real-life scenarios.

Conventional for 1-4 units:
10 to 30-year and 3, 5 or 7-year adjustable
Bank Statement / DSCR for 1-4 units, 2-8 units mixed-use, and 5-10 units multifamily: 30-year fixed, 5 or 7-year adjustable, and interest-only
DSCR for commercial properties:
 30-year fixed and 5-year adjustable
Conventional for commercial properties*:
3, 5, 7, 10, 25 or 30-year fixed, and 5, 7 or 10-Year Adjustable
*Varies by property type and loan amount.

The general requirements for each program are listed below.
If you are employed:
Conventional for 1-4 units: W2s, tax returns, insurance, trust or entity documents*, and leases (if tenants or investment)
Conventional for commercial properties: Personal financial statement, tax returns, insurance, leases, and pro forma income statement

If you are self-employed:
Conventional for 1-4 units: Personal and business tax returns, insurance, trust or entity documents*, and leases (if tenants or investment)
Bank Statement: 12 or 24 months of bank statements, business license or certification, trust or entity documents*, and leases (if tenants or investment)
DSCR: 2 months bank statements, insurance, trust or entity documents*, and leases
Conventional for commercial properties: Personal financial statement, personal and business tax returns, business income statement, insurance, trust or entity documents*, and leases.
*Only if your Trust or Entity is on the Note or Title.

Typical requirements by property type.
1-4 units: 640
2-8 units mixed-use / 5-10 units multifamily: 680
Commercial: 700

Yes. The liabilities reported on your credit report are used to determine your debt-to-income (DTI) ratio. Your monthly liability payments reduce the amount you can borrow. However, mortgage debt on an investment property can be balanced by that property’s income.
The DSCR loan program is the only option that doesn’t rely on your reported liabilities for qualification.

Conventional for 1-4 units: $3.5 million
Bank Statement / DSCR for 1-4 units, 2-8 units mixed-use, and 5-10 units multifamily: $5 million
DSCR for commercial properties: $2 million
Conventional for commercial properties: $25 million
Amounts can vary based on credit score and loan-to-value ratio

An appraisal is required for most programs. There are limited scenarios for a primary residence single-family home where an appraisal may not be required.

First-time investors are allowed to purchase 1-4 Units residential and 5-10-unit multifamily properties. For other commercial properties, it's case-by-case, but an experienced partner may be required.

Yes, loan programs require 3 to 6 months of reserves.
Some programs allow the cash-out from a refinance to be used as reserves.

Conventional, DSCR, and Bank Statements programs require the property to be habitable and comply with all local and state regulations to purchase or refinance. You can get a cash-out refinance to upgrade your property, provided it is already in full compliance.
If you require a fix-and-flip, fix-and-hold, or commercial bridge loan, please contact us.