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  1. 1. Is this just cash out
    80% rate and term & up to 80% Cash out – refinances only

    2. What is the minimum loan amount for this program?
    Minimum loan amount of $280,000. A minimum of 5 assets worth above $70,000 must be refinanced simultaneously.

    3. How many amortization years?
    30 Year AM

    4. Can this fit a purchase that needs some renovations?
    No rehab can be needed. This is a DSCR loan which means it is a refinance for rental assets. No purchases

    5. What about fix & flip loans?
    We have two separate fix and flip programs. This program does not apply to fix and flips. I will provide fix and flip information.

    6. Can this be used for a portfolio loan or only for singles and multi family?
    This program is for single family asset portfolios, only in select states.

    7. What if my loan amount is below that minimum?
    We have other programs which teh rate is about %1 higher