Accelerate Your Property Investment with Our Investor Cash Flow Program
Maine Mortgage Solutions is proud to offer the Investor Cash Flow Mortgage Program, tailored specifically for property investors who want to expand their portfolios quickly and efficiently. This program focuses on property cash flow rather than personal income, making it an ideal choice for investors.
Key Features of the Investor Cash Flow Mortgage Program
- Qualification Based on Property Cash Flow:
- Minimum Debt Service Coverage Ratio (DSCR) of 1.0.
- For DSCR between 1.00 and 0.85, a minimum 700 FICO score and a maximum 80% Loan-to-Value (LTV) are required.
- No DSCR needed with a minimum 700 FICO score and a maximum 75% LTV.
- Flexible Credit Requirements:
- Credit scores starting at 600 are accepted.
- No Personal Income or Employment Needed:
- Qualify without personal income or employment verification.
- High LTV Ratios:
- Finance up to 80% of the property value.
- Long-Term Financing Options:
- 40-year fixed-rate interest-only options available.
- Loan Amounts:
- Loan amounts range from $75,000 to $1.5 million.
- No Limit on Properties:
- No restriction on the total number of properties you can finance.
- Flexible Property Ownership:
- Properties can be purchased under an LLC's name.
- Non-Warrantable Condos Accepted:
- Non-warrantable condos are eligible.
- Loan Purposes:
- Available for purchase, cash-out refinance, or rate-term refinance.
Why Choose Maine Mortgage Solutions?
At Maine Mortgage Solutions, we understand the unique needs of property investors. Our Investor Cash Flow Mortgage Program is designed to provide the flexibility and financial support you need to grow your investment portfolio. With no personal income requirements and the ability to finance multiple properties, we offer a straightforward and effective solution for property investors. Trust us to help you navigate the mortgage process with ease and expertise.
For more details or to begin your application process, contact Mark Violette today!
