| Rental Loans | |
|---|---|
| Type of Collateral | 1-4 Unit Non Owner Occupied Properties, Condos, Townhomes, Duplexes, Triplexes and Single Family Homes |
| Use of Loan | Purchase, Refinance , Cash-Out |
| LTV | . Up to 80% LTV for a Purchase . Up to 70% LTV for a Refinance . Up to 70% LTV for a Cash-Out |
| Rate | Starting at 4.95% Rate Buy Down Available |
| Points | HombeBuild Mortgage Fee 1% Lender Fee 1-2 Points |
| Term Length | 30 Year Fixed or 5/1 , 7/1 Arms |
| Loan Amounts | 50K - 5 million |
| Borrower Experience Level | . New Investor 0-2 Flips or Rentals within the last 3 years . Intermediate Investor 3-10 Flips or Rentals within the last 3 years . Experienced Investor 10+ Flips or Rentals within the last 3 years |
| Borrower Credit Score | 660 Preferred - Sub 660 Credit may require Higher Down payments |
