Investor Real Estate Loans for Rental Property purchase!
Updated December 8, 2021Guildelines for Real Estate Loans for Rental Property purchases!
Program Features:- Institutional Mortgage Company Offers Investor Financing. This option is designed for experienced real estate Investors seeking to purchase or refinance an investment property that is owned for business purposes.
- 640 minumum middle FICO 5-4-2 credit score.
- 80% Loan-to-Value (LTV) for purchasesand rate and term refinances.
- 75% Loan-to-Value (LTV) for cash-out refinances.
- Available for mortgage Loans up to $2M.
- Debt-to-Income ratio (DTI) not calculated-use cash flow analysis of subject property.
- Investor is qualified based on the cash flow of the subject property.
- No tax transcripts or tax returns required
- Debt Coverage ratio's = 1% for Purchase and Rate & Term Refinances, 1.15% for Cash-Out refinances.
- Unlimited financed properties allowed, (not limited to 10).
- 30-Year fixed rate and 30-year interest only fixed rate terms available.
- 10-Year Interest only period.
Other Florida First-Time Home Buyer & Down Payment Assistance Programs:
- First Time Home Buyer 105% Special Financing with No Income Limit
- Lease-to-Own and Rent-To-Buy-Home program. This is a great Home Buying program for All Florida Middle Income Home Buyers!
- First Time Homebuyer 100% Special Financing with No Mortgage Insurance
- Manatee $10,000 Key Ownership Down Payment Assistance Grant for First Time Home Buyers
- First Time Home Buyer Special Financing matching Grant Loan by FHLB
- OWN A HOME Down Payment Assistance Grant (Not required to be a 1st Time Home Buyer)
- Newest First Time Home Buyer program for so many Occupations! Up to $25,000 in Down Payment Assistance!
- Home Sweet Home 1st Time Home Buyer program for Hillsborough, Clay, Brevard and Duval counties with up to $25,000 Down Payment Assistance.
- 1st Time Home Home Buyer, $10,000 Down Payment Assistance program
- 1st Time Home Buyer 3%-5% Grant for Down Payment Assistance
- First Time Home Buyer 3.5% Grant for FHA Down Payment Assistance
- First Time Home Buyer $10,000 deferred Down Payment Assistance loan
- $10,000 Down Payment Assistance for First Time Home buyers!
- Home Key Down Payment Assistance programs for Pinellas, Pasco and Polk County Florida
- Down Payment Assistance Unlimited Income Grant for 100% Financing for Home Financing!
- Palm Beach County 1st Time Home Buyer Grant and Down Payment Assistance Program
- Miami-Dade 1st Time Home Buyers Down Payment Assistance program
- USDA - 100% Home Financing and lower Mortgage Insurance than FHA Loans!
- Salute Our Soldiers 100% VA Loan Program for Honorably Discharged Veterans
- Investor Real Estate Loans for Rental Property purchase!
- Bank Statement loans for the Self Employed up to $3M!