Loan amounts from $100,000 to $2M 12 months reserves required Additional 6 months reserves per financed property • Appraisals from two different appraisers required for loans over $1.5M • Eligible to close in an LLC (Limited Liability Company) • Use of gift funds is not allowed Information is subject to change. Certain restrictions apply. Subject to borrower approval. Not applicable in West Virginia. Not available on Texas 50(a)(6). Pre-payment penalties by state as permissible by law. Pre-payment penalty options not available in District of Columbia, Alaska, Kansas, Massachusetts, Minnesota, New Jersey, New Mexico, and Vermont.
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