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70% LTV; Purchase of a N/O/O 5-Unit Multi-Fam. Prop in TX
Our borrower put down 30% plus closing costs to acquire her new N/O/O investment property. The property generates good cash flow with a 1.8x DSCR (Debt Service Coverage Ratio) based on our Note rate. The subject property consists of 5 units with a total of 4,820 GBA (gross building area) with the following unit breakdown: ? 3 units - 3+1 with 970 square feet. ? 2 units - 2+1 with 972 & 938 square feet.
55% LTV; C/O Refi of a
California
Our borrower with good credit scores used the proceeds of our mortgage loan against her investment...
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Price:$660k
UPB%:100%
Rate:8%
LTV:55%
YTM:N/A
48% LTV; Cash-Out Refi of a
California
Our borrowers used the proceeds of our relatively low loan-to-value mortgage loan against their home...
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Price:$340k
UPB%:100%
Rate:7%
LTV:48%
YTM:N/A
60% LTV; C/O Refi of a 6-Unit
California
Our repeat borrowers, with strong credit scores, who have paid us perfectly, used the proceeds of...
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Price:$1.3M
UPB%:100%
Rate:7%
LTV:6%
YTM:N/A
55% LTV; Rate & Term
California
Our borrower used the proceeds of our mortgage loan against his investment property to consolidate...
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Price:$2.4M
UPB%:100%
Rate:9%
LTV:55%
YTM:N/A
70% LTV; 790 FICO; C/O Refi
Texas
Our borrower, with excellent credit, used the proceeds of our mortgage loan against his investment...
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Price:$587k
UPB%:100%
Rate:8%
LTV:70%
YTM:N/A

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