Loan Purpose

• Purchase (Including Delayed Purchase Within 180 days without Financing)

• Rate/Term Refinance

• Cash-Out Refinance

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Loan Product

• 6-24 Months, Interest Only​​

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​Max Loan to Value  ("LTV")

• Up to 75%

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Minimum Property Value

• $100,000

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Minimum Loan Amounts

• $75,000

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Eligible Property Types

• Single Family Residence (SFR)

• 2 to 4 Family

• 5 to 8 Units

• Warrantable Condominiums (FNMA Guidelines)

• Townhomes

Mixed Use is allowed where 50% or more of the total property square footage is residential.​

​​Maximum Loan Amounts

• $2,000,000* for Single Family

• $3,000,000* for 2-4 Family

• $3,000,000* for 5-8 Units

*Larger loan balances are only permitted on an exception basis that requires Invigorate Scenario Desk Review.

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Property Locations

• Major MSA’s and secondary markets

• No Rural Properties (as designated on appraisal)

(Product not available in Alaska, North and South Dakota, Minnesota, Nevada, Delaware, Utah, Hawaii, Puerto Rico, US Virgin Islands)

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​Borrower Experience

• Options for New Investors (Zero Experience)

• Limited, Experienced and Institutional

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Recourse

• Recourse and Non-recourse Options Available

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Minimum Credit Score

• 640