DSCR – FIX & KEEP Loan Limits: $100,000 to $3,500,000,
LTV: Loan To Value): Up to 90%.
Use: Investment Rentals (Purchase & Refinance & Refinance Cash Out)
Credit Score: 620 View Online CLICK HERE |
FHA 203K For Primary Borrowers 203(K) Limited Rehabilitation Loan
Loan Limit: $35,000 or up to $50,000 in Opportunity
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203(K) Standard Rehabilitation Loan
Limit: No Limit Up-to Max Loan
Max Loan Limit: Varies by County |
View Online CLICK HERE
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Private Renovation Loans - Nationwide • Loan Limit: 100% of Rehab Cost up to Loan Limit.
• Max Loan Amount: $70,000 to $3,500,000. (Up to $5,000,000 w/ Full Docs)
• Financing Limit (LTV: Loan To Value):90% of Purchase Price & Up to 75% of (ARV) After Repair Value. (100% of Purchase Price $ Up to 80% ARV w/ Full Docs
• Use: Investment Business Purpose Loans Only (Purchase & Refinance)
• Term: Up to 24 Months • Credit Score: Min 600.
• Property Type: PUDS, 1-4 Units, Manufactured Home, Condos (80% LTV).
View Online CLICK HERE
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Conventional Renovation Loans For
Primary Borrower and Investor
(all Projects must have Plans & Permits Approved) |
FannieMae “HomeStyle” • Rehabilitation Loan Limit: No Limit Up-to Max Loan Amount
• Max Loan Amount: 1 Unit: $621,000 – 2 Units: $795,000 3 Units: $960,950 – 4 Unit: $1,194,250
Monroe County Higher Limits
• LTV (Loan To Value): 95%.Primary & 97% if First Time
Homebuyer
View Online CLICK HERE |
FreddieMac |
“CHOICEReno
ExpressSM’ Loan Loan Limit: 10% of Refi Loan or Purchase
Amount or 15% in Duty to serve high-needs areas. |
“CHOICERenovation”
Loan Loan Limit: Refi 75% of After Repair Value –Purchase 75% of the lessor of Purchase price and renovation |
View Online CLICK HERE |