Underwriting Updates
DUCA
Published on 21 Oct 2024
#underwriting
#squeeze
#Duca
DUCA
Rental Financing Now Available
Purchase and Refinance
RENTAL FINANCING
Non-Owner Occupied Property
- Qualify at contract rate +2%
- GDS/TDS 45%/50%
- 30-year Amortization
- NO Lender fee on any term
- Max LTV 80%
- Same rate for Purchase or Refinance
- Minimum Credit Score 650
- All Lending Areas allowed
- Sliding Scale applies based on area of property
- Max number of properties 4 (including Principal Residence)
- Traditional Income ONLY
- Maximum Mortgage amount $1,500,000
Rentals Mortgage Rates-Bottom left hand corner of rate sheet.
Please remember that we do not offer pre-approvals. Rate guarantee for 90 days.
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