Borrower Eligibility

• Natural Person: Up to 2 applicants
• LLC-Owned Property: All applicants must be members, each owning ≥ 25%
• Full recourse personal guarantors required

Credit Score Minimums

• Experienced Investor: 680 minimum
• Inexperienced Investor: 700 minimum
• Lowest FICO among all applicants/guarantors is used

Loan-to-Value (LTV) Maximums

Experienced Investors

• 680–699: 70% (Rate/Term), 65% (Cash-Out)
• 700–759: 75% (Rate/Term), 70% (Cash-Out)
• 760–850: 80% (Rate/Term), 75% (Cash-Out)

Inexperienced Investors

• Reduce Max LTV by 5% from above values

DSCR Ratio Minimums