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Silver Partners can Fix and Rent/Hold or Refinance Rental LLC. Property must be NON-owner-occupied Must be in business name, 1 to 4 Units residential property.
Loan to Cost All rates and scores can change without notice
Fix and Rent
Property must be NON-occupied
Must be in business name
1 to 4 Units residential property
FICO
Rate and Term and Cash Out available
720+ / 4.55% to 5.95% / LTV 80% Rate and term Cash out max 75%
660-719 / 4.875% to 6.25% / LTV 80% Rate and term Cash out max 75%
660 / 6.25% to 7.95% / LTV 70% Rate and term Cash out max 65%
2 to 4 Discount Pts. Based on Property
Fees: $1595 Appraisal Fee $550
Loan to Value
Minimum ARV: $75,000
Up to 75% loan-to-ARV
Full 1025 appraisal Market rent analysis required for all properties
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