This product provides real estate investors with flexible financing options based on the income potential of their investment properties.
*(Sources: United Wholesale Mortgage)
AMERICAN FINANCIAL LOANS is a Mortgage Broker and has partnered with United Wholesale Mortgage (UWM), the #1 lender in the United States. We offer an exclusive Debt Service Coverage Ratio (DSCR) loan program with four distinct product variation:
1. FICO: 620+
LTV: Up to 80% Minimum DSCR: 0.00
Loan amounts up to $2M 6 months reserves required Gift funds allowed under certain LTV conditions 2. FICO: 660+ LTV: Up to 80% Minimum DSCR: 0.00 Loan amounts from $75,000 to $2M 3 months reserves required (6 months for loans over $500,000) Borrower contribution required over 75% LTV 3. FICO: 660+ LTV: Up to 80% Minimum DSCR: 1.00 Loan amounts from $50,000 to $3M 3 months reserves required No limit on financed properties 4. FICO: 660+ LTV: Up to 70% Minimum DSCR: 0.80
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