Non-Owner Business Purpose Loan

Features:

• No income requirements
• No TRID disclosure requirements (NO LE, ITP OR CD)
• No reserve or asset requirements
• Debt Service Cover Ratio (DSCR) not required
• Wage earners or self-employed OK

Details:

• Must be non-owner occupied property 1 - 4 units
• Purchase transactions only
• $7.5 million max loan amount
• $100K min loan amount
• 75% Max LTV/CLTV