Lite Doc (DSCR or P&L) NonQM
Income-Producing Rentals & Business Owner-Occupied Properties.
Purchase,
Refinance, Cash-Out, & Rate-Term Loans
Multifamily
5+ Units, Residential Investment 1 - 4 Units, Mixed-Use,
Retail, Office, Warehouse, Daycare, Light Industrial, Automotive, Strip Mall,
Restaurant/Bars, Commercial Condo, SFR w/ commercial zoning or business use, and Commercial Condo.
o $200,000 - $5,000,000
o Nationwide (program varies by state)
o Income producing properties
o Business Owner Occupied
o 80% max LTV/LTC
o 90% max CLTV w/ seller carryback