Thinking about financing your next income property? The Short-Term Rental Loan program offers up to $6 million loans with options designed for flexibility. You can qualify with a minimum 680 FICO and use 12 or 24 months of bank statements instead of W-2s or tax returns. Loan types include adjustable-rate and 30-year fixed for purchases and refinances, including cash out and debt consolidation. Eligible properties range from single-family homes to non-warrantable condos and condotels, as long as condo units have kitchens and HOAs don’t restrict rental days or have ongoing litigation. Loans can close in the name of an LLC or corporation. Whether you’re buying a duplex or a quadplex, this program could help you get started.
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Use our DSCR pogram to use the rental income as your income!
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#InvestmentProperty #ShortTermRental #RealEstateLoans #NonWarrantableCondo #FidelityHomeGroup
