Kim Walker, CMB | Virtual Mortgage Loan Officer
Kim Walker, CMB | Virtual Mortgage Loan Officer
Feb 27, 2024
regions.com
Get the best terms and a fast closing on your investment property with a DSCR loan. Cash-out up to 75% LTV—as early as the next day after purchase using the new appraised value. • LTV: 85% purchase • 85% rate/term • 75% cash-out • Listed? OK — we use the current value • Vacant? OK — we use market rent or current lease • Airbnb/STR OK • Credit: 620 • PPP: 0–5 years (longer can lower rate) • Rates: competitive (often in the 6s–7s; program-dependent) • Units: 1–8 (SFR/condo/2–8 unit) • Loan amounts
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