Go Bigger with NONI58

for 5-8 Unit Investment Residential Properties and 2-8 Unit Mixed-Use Investment Properties

5-8 Unit Highlights

  • Loan amounts up to $2MM
  • LTV’s up to max 75%
  • Cash in hand up to $1MM
  • Fico score as low as 660
  • As low as 24 months seasoning on BK/FC/SS/DIL
  • Qualify off ITIA payment when I/O is selected
  • No tradeline requirements for Borrowers with all 3 credit scores reporting on credit
  • As low as 6 months reserves
  • Only 30 day asset verification required.
  • Gift funds allowed
  • I/O option available

2-8 Unit Mixed-Use Highlights

  • 660 Minimum FICO
  • Purchases to 75% LTV
  • Loan amount to $2M
  • Minimum loan amount of $400k
  • 2-8 units allowed
  • Experienced investors only
  • Cash-out to 70%
  • Cash in hand to $1.0M
  • General Purpose appraisal
  • Borrower can be the business occupant