Commerical Portfolio Rental Loan "Blanket Mortgage"
Loan Purpose - Purchase a Portfolio of Properties | Refinance a Portfolio of Properties | Refinance and Acquire additional properties under the same transaction | Cash Out Refinance
Loan Amount $1,000,000 Minimum
Credit Score 660 Plus
Minimum 5 Properties Under One Loan
Non Owner Occupied Only - SFR | 2-4 Unit | Condos | Townhomes | PUD | Multi Famly 5-20 units
Interest Only Option
Recourse and Non-Recourse Options
Business Purpose Only
Max LTV 75%
Cash Flow Coverage 1.15% DSCR
Pre-Payment - Yes, Declining
Rate based on borrower profile | Points of 2% of the loan amount (estimated) | Processing Fee $3500 | Appraisal Fee based on Portfolio.
Call 720-309-3014 to discuss your situation.