Fix & Flip
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Experienced Investor:
LTPP 90%
Renovations 100%
LTC 92.5%
LTARV 75%
-5% for Heavy Construction
-5% for less than 7 similar deals in 36 months
Refi & Cashout Max 75%
New Investor:
LTPP 75%
Renovations 100%
LTC 77.5%
LTARV 65%
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SFR, 2-4 Family, Townhomes, Condos, Condotel, and Non-Warrantable Condo.
Mixed Use in New York Only
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Minimum 6 Fico
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Interest Only
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Non-Permanent Resident Alien
US Citizen
Foreign National
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Sale OR Short term Rental/Long term Rental
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No BK/FC in the past Year
No Housing 0X120 in prior 12 Mths
No SS/DIL/Modification 3 Months
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Minimum 250K, Maximum $10MM