30 year fixed, short term IO, and rehab options (rehab for resi deals only)
Up to 75% ltv (purchase, refi, cash out refi)
650 credit needed for max LTV. Will go down to 600 credit at 50-60% LTV.
No W2 or paystubs needed ever.
No DSCR requirements (except on larger commercial loans)
No source/seasoning of down payment funds
Foreign nationals at max LTV of 70-75% depending on property type.
Foreign investors at max of 65% LTV
The Fast 50 LTV max loan has no min credit score, allows 1 day out of FC, vacant properties must be in move in ready condition, no VOM’s no Debt ratio. Allows non-seasoned borrowers. Allows late mtg payment history. All of our property types.