DSCR CES (Closed End Second) is a new CES program offering DSCR option.
DSCR CES (Closed End Second) Highlights
Max. CLTV
80%
Max. Loan Amount
$750K
Min. FICO
680
Do More With Less
30 Years Fixed
Piggy Back: 1st lien must be done at AAA LENDINGS Short term rental please call for price
US Citizens, Permanent Resident Aliens
Max Combined loans amount $2.5M. 1st lien must be $1 higher than 2
Standalone: 6 mos seasoning required on existing first mortgage.
Properties listed for sale ≤ 6 mos ineligible (refis only).
Follow TRID disclosing and wait period requirements.
Information shown is for general reference and may vary by borrower qualifications and program terms. This is not a commitment to lend. Contact us for full loan details and eligibility requirements.