Question 1

How long does the loan process typically take?

Accepted Answer

The timeline varies depending on the loan type and complexity. DSCR Purchase and Refinance loans typically take 20–30 days, while Bridge and Renovation loans can often close in as little as 7 business days. Our team works efficiently to meet your deadlines and will keep you informed throughout the process.

Question 2

What credit score do I need to qualify?

Accepted Answer

Credit requirements vary by loan program. DSCR loans typically require a minimum of 660, though pricing improves with higher scores. We work with a wide range of credit profiles and can help you understand your options.

Question 3

How much do I need for a down payment?

Accepted Answer

For DSCR Purchase loans, we typically offer 15% or 20% down payment options. Fix and Flip loans are structured differently based on the purchase price and renovation budget. Your loan officer will walk you through the specific requirements for your situation.

Question 4

What documents will I need to provide?

Accepted Answer

For most investor loans, you'll need a valid ID, Social Security Number (or ITIN), 1-2 months of bank statements, and property information. If closing in a business name, business documentation is required. Your loan officer will provide a complete checklist based on your situation.

Question 5

How is my personal information protected?

Accepted Answer

We take data security seriously. All information is encrypted and transmitted securely. We comply with all federal and state privacy regulations, and we never sell your personal information. Our secure portal ensures your documents are protected.

Question 6

Can I lock in my interest rate?

Accepted Answer

Yes, we offer rate lock options to protect you from rate increases during the loan process. Lock periods typically range from 30-60 days. Your loan officer will discuss the best rate lock strategy for your timeline and goals.

Question 7

What if I'm self-employed?

Accepted Answer

For DSCR and Fix-and-Flip loans, approval is based primarily on the property itself, not the borrower's personal or business income. Instead of reviewing tax returns, W-2s, or profit-and-loss statements, we focus on the property's cash flow (DSCR) or the deal's value, rehab plan, and exit strategy (Fix & Flip). This makes these programs ideal for real-estate investors who want financing without traditional income verification.

Question 8

Can I pay off my loan early without penalty?

Accepted Answer

DSCR loans offer flexible prepayment penalty options, including 5-year stepdown, 3-year stepdown, or no-prepay structures. Your loan officer will discuss which option works best for your investment strategy and help you choose the right fit.

Question 9

How do I get started?

Accepted Answer

Getting started is easy! Simply fill out our online application or give us a call. A loan officer will review your information and reach out within one business day to discuss your options and next steps.

Frequently Asked Questions

Still have questions?