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CSC's Non-Owner Business Purpose Loan

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
  • $5 mil max loan amount
  • $100K min loan amount
  • 75% Max LTV/CLTV