Investor Cash Flow
- Available on SFRs, 2-4 Units, Condos, Townhomes, Condotels, and Non-Warrantable Condos
- Qualify on cash flow – 12 mths reserves required for negative cash flow, Ratio ≤ 1:1, cash-out can be used to cover reserves
- Loan amounts up to $2M
- Non-Owner Occupied only
- No reserves required ≤ 75% LTV
- No income or job verification
- 5yr/7yr ARM & 30-year Fixed
- Reconciled rent estimate based on 1007 or lease agreement
- LPC & Borrower Paid Comp Available (or a combination of the two up to 3 points)