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Review and Download Important Documents That May Be Needed Throughout the Loan Process.
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Analyze Your Next Investment Property to Develop an Accurate Scope of Work and Maximize Your Return on Investment.
Borrower looking to cash out on the subject property located in Missouri City, TX to hold for long-term rental income. Subject is a single-family rental that was appraised for $257k As-Is and a CDA confirmed the value was acceptable. Sponsor on the loan has good credit and bank statements reflect sufficient liquidity to meet the reserve requirement. Deal is structured in accordance with guidelines, total loan amount 59% LTV with 1.20 DSCR.