The things investors ask us most, answered directly.
No. Every program is for non-owner-occupied investment property only, held or purchased through a borrower entity.
Yes. Loans must be made through a borrower entity — an LLC, corporation, or trust, not an individual.
Fix & Flip and Bridge loans have a 600 minimum FICO. DSCR Rental loans require a 640 minimum (660 for foreign nationals). Since these are asset-based loans, the deal itself carries significant weight in the decision, not credit score alone.
Up to 70% of after-repair value (ARV) for Fix & Flip and Bridge loans. DSCR Rental goes up to 80% LTV on purchase or refinance, and up to 75% on cash-out. The 70% figure is one of the three thresholds our deal breakdown tool checks automatically for Fix & Flip and Bridge deals.
Fix & Flip and Bridge loans start at $50,000. DSCR Rental loans range from $50,000 to $2 million on a single property, up to $10 million for a cross-collateralized portfolio. Deals with an ARV below $100,000 fall outside what we can place with our lending partners for Fix & Flip and Bridge.
If you have 0-1 completed investment projects, rehab budgets are generally capped at $40,000 to keep project scope manageable. Investors with 2 or more completed projects can typically take on larger renovation budgets.
Yes. Most transactions require at least $15,000 in verifiable liquid reserves to cover closing costs, contingencies, and holding costs during the project.
Not automatically. Credit events (bankruptcy, foreclosure, short sale) within the last 36 months generally require a letter of explanation and additional underwriting review, but aren't an automatic decline.
1.2 if it's your first financed property with us, or 1.00 if you're financing 2 or more properties (cross-collateralized). DSCR is your monthly rent divided by the monthly mortgage payment (principal, interest, taxes, insurance) — a ratio of 1.00 means rent exactly covers the payment.
Timelines vary by program and how quickly documentation comes together, but our process is built to move fast once your deal is qualified — no unnecessary back-and-forth.
Fix & Flip and Bridge: all states except Nevada, Utah, South Dakota, and Vermont. DSCR Rental: all states except North Dakota, Utah, and Vermont. A handful of counties (including Cook County IL, Cuyahoga County OH, and a few others) have reduced leverage limits on Fix & Flip/Bridge deals due to local market risk.
Leave your email when prompted. Terms and deal structures change, and a deal that doesn't fit today may work with adjusted numbers or down the line — we'll follow up if that changes.
