We keep hearing it is harder and harder for property investors to qualify for loans to grow their portfolios. We don’t see it that way. Our Investor Cash Flow product makes it easy by qualifying on property cash flow. The closing process is simple because we do not require complicated income statements or tax returns. Eligible borrowers may now elect a 10-year interest only period with a 40-year term.
Tell your property investor clients that once again Angel Oak has the solution for those who need options outside of conventional guidelines!
· 2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
· Up to 80% LTV
· No DTI restrictions
· 1-4 units and condos
· Loans up to $1.5 million
· Credit scores down to 660
Why work with anyone but the best in Non-QM?