DSCR (No-Ratio) Residential and Commercial Loan

[MonFund]

Have you ever heard of a DCR program that doesn’t have a minimum DCR requirement for qualification? We’ve got it! A true no-ratio program!

• NO DCR required
• NO Income Documentation required
• NO Reserves required
• NO Asset Seasoning required
• NO previous investment experience required
• Available on 1-4 unit residential investment properties from $75k to $2M loan amounts
• AirBNB & Short term rentals OK!
• 30 year fixed and 10 year interest only options w/o lender points
• Minimum Fico: 650 (exception to lower FICOs available)
• Foreign Nationals - OK
• Broker Comp to 5%

Our short-term solution for purchasing investment property and financing renovation costs:

• Available on 1-4 Unit n/o/o investment properties
• $75k – $2MM (with exception to higher $$$) & up to 75% of the ARV or 80% Loan-to-Cost (whichever is lower) to cover the renovation budget
• Initial draw is 80% of the purchase price (so 20% down payment required)
• 12 month Interest Only Payment
• No Prepayment Penalty
• Options for no upfront lender fees
• Income documentation is not required, a true no-ratio program!
• No Asset Seasoning or Reserves Required
• Purchases & Refi's are OK
• Available Nationwide (with some exceptions)
• 650 Minimum FICO

Send Us Your Deals! - contact@monumentalfundingsolutions.com

888-332-2887