Question 1

Is there one minimum credit score for every program?

Accepted Answer

No. Credit, liquidity, experience and documentation requirements depend on the selected program, property and transaction. Share the scenario for review; there is no universal score or approval promise.

Question 2

Do you require income verification?

Accepted Answer

An eligible DSCR option may not require W-2 income qualification, but it is not a no-document loan. Credit, assets, property information and other records may still be reviewed. Fix & Flip and multifamily files also require program-specific borrower and property review.

Question 3

What property types do you finance?

Accepted Answer

We review U.S. investment-property scenarios. Selected buy-and-hold DSCR options may consider eligible multifamily properties up to 12 units; multifamily and mixed-use buildings may also be reviewed through their property-level financing path. Fix & Flip property types and conditions vary by selected option. Unit count alone does not decide the route.

Question 4

Do I need real estate investing experience?

Accepted Answer

Experience may be part of a program's review, but first-time investors are welcome to inquire. Eligibility and any additional review depend on the selected program and project.

Question 5

Can I get a loan if I'm self-employed?

Accepted Answer

An eligible DSCR option may emphasize rental cash flow instead of W-2 income qualification. That does not remove other documentation or underwriting, and borrower/entity requirements vary by program.

Question 6

Are there prepayment penalties?

Accepted Answer

Prepayment terms vary by program and transaction. Confirm any applicable terms in the current written loan documents before proceeding.

Question 7

Do you charge for the appraisal if I'm not approved?

Accepted Answer

Third-party costs and their refundability depend on the provider and transaction. Confirm costs before authorizing an appraisal or other service.

Question 8

How quickly can you close?

Accepted Answer

No closing date is guaranteed. One selected DSCR option indicates 30–45 days; multifamily materials show 2–4 weeks only as an illustration for eligible, complete files. Fix & Flip timing depends on the file, property, valuation, title, third parties and underwriting.

Question 9

What's the approval process like?

Accepted Answer

Share your property and transaction details for an initial broker review. If the scenario appears relevant, additional borrower and property documentation, valuation and capital-partner underwriting may follow. A preapproval, approval, terms or closing is not guaranteed.

Question 10

How are rehab funds disbursed?

Accepted Answer

Where a selected Fix & Flip option includes rehab funding, funds are generally held back and released against completed work and inspection milestones. Draw requirements and timing vary; plan for cash needed between draws.

Question 11

Can you fund a deal that closes next week?

Accepted Answer

A requested date is not a commitment. Closing depends on eligibility, complete documentation, valuation, title, third parties and underwriting. Share the timeline early so it can be assessed.

Question 12

What is LTV and LTC, and what are your limits?

Accepted Answer

LTV compares a loan with property value; LTC compares it with project cost. Selected Fix & Flip programs may reach 90% of purchase price and 100% of eligible rehab costs—these are distinct limits, not a stated total LTC maximum. One selected buy-and-hold DSCR option lists up to 80% LTV. All are conditional; see the relevant program page and request current written terms.

Question 13

What DSCR ratio do you require?

Accepted Answer

Standard DSCR options look for 1.0x, where rent covers the modeled monthly payment before other ownership expenses. Eligible zero-ratio options may also be considered under separate criteria; requirements and terms are program-specific.

Question 14

Do you look at my other debts?

Accepted Answer

The selected program determines which borrower, credit, liquidity, asset and property factors are reviewed. Property cash flow may be central to DSCR, but this does not mean there is no borrower review.

Question 15

Can I finance multiple properties?

Accepted Answer

Yes! Many of our clients have portfolios of investment properties. There's no limit to the number of properties you can finance with us, subject to overall exposure limits and individual deal approval.

Question 16

What if my deal doesn't meet your guidelines?

Accepted Answer

Calculators provide illustrative estimates and do not assess every option. Send the scenario for manual review; eligibility and any available path depend on property, borrower and selected program.

Question 17

How do you determine the After Repair Value (ARV)?

Accepted Answer

We use a third-party appraisal that considers comparable sales in the area, your proposed renovation scope, and local market conditions. It's important to be realistic about ARV—overestimating is a common mistake that can hurt your deal.

Question 18

What renovation work do you finance?

Accepted Answer

We finance most renovation work including kitchens, bathrooms, roofing, HVAC, electrical, plumbing, flooring, and cosmetic updates. We'll review your scope of work to ensure the budget is realistic and the improvements will add value.

Question 19

Can I do the renovation work myself?

Accepted Answer

We typically require licensed contractors for major work (electrical, plumbing, structural). You may be able to do cosmetic work yourself if you have experience, but we need to ensure work is done properly and on schedule.

Question 20

What happens if my renovation goes over budget?

Accepted Answer

We recommend building a 15-20% contingency into your budget for unexpected issues. If you exceed your rehab budget, you may need to contribute additional funds out of pocket. We can sometimes modify the loan if the ARV supports it.

Question 21

Can I refinance a rental property I already own?

Accepted Answer

Cash-out may be available under selected DSCR options, with different loan-amount, LTV and underwriting limits. The DSCR page lists separate program highlights; no combination or maximum is universal. Request a current written quote.

Question 22

Do you require the property to be leased?

Accepted Answer

Lease status and any permitted market-rent approach depend on the property and selected program. Share current occupancy, leases and rent information for review.

Question 23

Can I finance short-term rentals (Airbnb)?

Accepted Answer

Eligible short-term rentals may be reviewed case by case. Income method, rental history and documentation depend on the selected program.

Frequently Asked Questions

Loan Requirements

Interest Rates & Costs

Funding Timeline

Qualification Criteria

Fix & Flip Specific

DSCR Rental Specific

Still Have Questions?