ABC Grand Inc Programs

DSCR 30 Year Mortgage

Bridge Loan

LOAN PURPOSE

LOAN PURPOSE

  • Purchase

  • Rate/Term Refinance

  • Cash-Out Refinance

  • Purchase

  • Rate/Term Refinance

  • Cash-Out Refinance

LOAN TERM

LOAN TERM

  • 30 Year Fixed Rate

  • 5/6 ARM

  • 3/6 ARM

  • 6 Months Reserve required - PITIA

  • 3/6 ARM

  • No Prepay Penalty

  • 6 Months Reserve required – PITIA or ITIA

LOAN TO VALUE (LTV)

INTEREST RATE

  • Up to 80%
  • 7.500% - 10.500%

LOAN AMOUNT

LOAN AMOUN

  • $125,000 - $2,000,000
  • Up to $2,000,000

MINIMUM CREDIT SCORE

INTEREST RATE

  • 660

MINIMUM DSCR

  • DSCR >= 0.5  
  • 7.500% - 10.500%

ELIGIBLE PROPERTY TYPES

ELIGIBLE PROPERTY TYPES

  • Single Family Residence (SFR) 

  • 2 to 4 Unit Properties

  • PUDs

  • Condos

  • Townhouses

ELIGIBLE BORROWERS

  • U.S. Citizens/Permanent Resident Aliens

  • Non-Permanent Resident Aliens

  • LLCs

  • Single Family Residence (SFR) 

  • 2 to 4 Unit Properties

  • PUDs

  • Warrantable Condos Only

  • Townhouses

ELIGIBLE BORROWERS

  • U.S. Citizens/Permanent Resident Aliens

  • Non-Permanent Resident Aliens

  • LLCs