Transcription of Leverage Investor - DSCR
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Leverage Investor - DSCR
Leverage Investor - DSCRE ffective Date:6/6/2018 PurchaseRate/TermCash OutPurchaseRate/TermCash OutPurchaseRate/TermCash Out6 Months807570807570757570 None7575707575707575706 Months757570757570707065 None7070657070657070651,500,001 - 2,000,0006 Months7070657070657070652,000,001 - 3,000,0006 Months6560556560556560553,000,001 - 4,000,0006 Months6060506060506060504,000,001 - 5,000,0006 Months5555505555505555506 Months757065757065757065 None7570657570657570656 Months656565656565656565 None6565606565606565601,500,001 - 2,000,00012 Months6565606565606565602,000,001 - 3,000,00012 Months605550605550605550620 - 639<=500,00012 Months656560656560 NANANAM inimum FICO620 Housing0x30x1212 monthsBK (Other)36 monthsForeclosure36 monthsShort Sale/DIL24 monthsMax LTV: Purchase80 Max LTV: R/T75 Max LTV: Cash Out70 Max CLTV80 Max Loan Amount5,000,0003/1 LIBOR ARM1 YR LIBOR - 6 % Margin/Floor - 2/2/5 Caps5/1 LIBOR ARM1 YR LIBOR - 6 % Margin/Floor - 2/2/5 Caps7/1 LIBOR ARM1 YR LIBOR - 6 % Margin/Floor - 5/2/5 Caps Maximum cash to borrower is limited to 65% of Property Value including Free and Clear properties Loan Amounts exceeding $1,000,000, Loan Amounts less than $150,000, Condominiums, and Multi-Units limited to 60% of Property Value cash in hand 3/1 ARM (2/2/5 Caps) 5/1 LIBOR ARM (2/2/5 Caps) 7/1 LIBOR ARM (5/2/5 Caps) 15 Year Fixed 30 Year Fixed- ARM Qualifying Rate: Greater of th
Leverage Investor - DSCR Effective Date: 6/6/2018 Purchase Rate/Term Cash Out Purchase Rate/Term Cash Out Purchase Rate/Term Cash Out 6 Months 80 75 70 80 75 70 75 75 70
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