We now offer mortgage financing on our non-QM P&L (Profit and Loss) program with credit scores as low as 640. Most lenders would require a credit score of 680 or higher to finance a home with those scores. However, we can now offer the P&L program with scores starting at 640.
Take a look at some key features of this profit and loss program.
- Interest-Only (IO) Option Available – Lower your monthly payments with interest-only terms.
- Non-Warrantable Condos Eligible – Financing for condo types that conventional lenders reject.
- Max Cash-Out of $700,000 – Access the equity in your property with high cash-out limits.
- Max CLTV of 90% – Borrow up to 90% of your property’s combined loan-to-value.
- Texas Non-Owner Occupied (NOO) Available – Investment property financing in Texas.
- Rural Zoned Properties Accepted – Financing for properties in rural areas.
- AVM/Streamline Appraisal Options – Faster, more cost-effective methods for property valuation.
- Streamline Title Reports – Expedite title options to speed up the closing process.
- Max Combined Loan Amount Up to $6.0M – High loan limits for larger investments.
- 12 & 24 Month P&L-Only Option – Qualify based on your business’s profit & loss statements.
We love offering creative financing solutions. Contact us for information on interest rates and terms.
