For the last few years it’s been very difficult to finance a portfolio of investment property. Banks are very reluctant to fund an investor who has more than four mortgages. This program solves that challenge.
Here are some highlights of the blanket loan program:
+ Cash out refi allowed
+ No limit on properties owned
+ Rates 6 to 7% fixed
+ Amortized 20 to 25 yrs
+ 4 or 5 points
+ Term 5 to 25 yrs with option to extend
+ 680 min credit score
+ $500K min loan amount, no max
+ 75% LTV (80% on case by case)
+ May be used to purchase a portfolio
Contact us at firstname.lastname@example.org for more information.