DSCR – FIX & KEEP Loan Limits: $100,000 to $3,500,000, LTV: Loan To Value): Up to 90%. Use: Investment Rentals (Purchase & Refinance & Refinance Cash Out) Credit Score: 620 View Online CLICK HERE |
FHA 203K For Primary Borrowers 203(K) Limited Rehabilitation Loan Loan Limit: $35,000 or up to $50,000 in Opportunity
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203(K) Standard Rehabilitation Loan Limit: No Limit Up-to Max Loan Max Loan Limit: Varies by County |
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Private Renovation Loans - Nationwide • Loan Limit: 100% of Rehab Cost up to Loan Limit. • Max Loan Amount: $70,000 to $3,500,000. (Up to $5,000,000 w/ Full Docs) • Financing Limit (LTV: Loan To Value):90% of Purchase Price & Up to 75% of (ARV) After Repair Value. (100% of Purchase Price $ Up to 80% ARV w/ Full Docs • Use: Investment Business Purpose Loans Only (Purchase & Refinance) • Term: Up to 24 Months • Credit Score: Min 600. • Property Type: PUDS, 1-4 Units, Manufactured Home, Condos (80% LTV). View Online CLICK HERE
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Conventional Renovation Loans For Primary Borrower and Investor (all Projects must have Plans & Permits Approved) |
FannieMae “HomeStyle” • Rehabilitation Loan Limit: No Limit Up-to Max Loan Amount • Max Loan Amount: 1 Unit: $621,000 – 2 Units: $795,000 3 Units: $960,950 – 4 Unit: $1,194,250 Monroe County Higher Limits • LTV (Loan To Value): 95%.Primary & 97% if First Time Homebuyer View Online CLICK HERE |
FreddieMac |
“CHOICEReno ExpressSM’ Loan Loan Limit: 10% of Refi Loan or Purchase Amount or 15% in Duty to serve high-needs areas. |
“CHOICERenovation” Loan Loan Limit: Refi 75% of After Repair Value –Purchase 75% of the lessor of Purchase price and renovation |
View Online CLICK HERE |