FLORIDA INVESTORS GROUP

INVESTMENT PROPERTY LOANS

Give us a call to have us price out a scenario today!

DSCR LOANS

Our DSCR loan program is specifically designed to assist new and experienced real estate investors in financing their properties, qualifying based on the cash flow generated by the investment.

Program features

DSCR as low as 0
1007 only for rental income
Min FICO 620
80% LTV
Credit for DSCR >1.25
Min. 3 months of reserves required
Cash-out available up to 75% LTV
Gift funds & Overseas Reserves allowed
Yes to foreigners with Visas

Why choose our DSCR?

No income and no employment needed
No ratio loans — borrowers do not have to worry about the debt service coverage ratio
Fastest turn times in the industry

BANK STATEMENT LOAN

Our 12/24 Month Bank Statement loan is a perfect Non-QM option for the self-employed. Even if complex tax deductions make their tax returns less than straightforward, this program can provide a clearer picture of their current income or revenue to help them qualify.

Program features

Loan amount up to $4 million
DTI up to 55%
Min. 3 months of reserves required
Max cash-in-hand $500,000 for CLTV >65%, $1,000,000 for CLTV ≤65% to ≥55%, no max cash-in-hand limitation for CLTV <55%

Why choose our 12/24 Month Bank Statement?

Free service to calculate income
Combined statements accepted
No tax returns required

ITIN LOAN

Our ITIN mortgage loan program is a mortgage solution for individuals who have an Individual Taxpayer Identification Number but do not have a Social Security Number. With this program, you can grow your business by making homeownership a reality for non-U.S. citizens.

Program features

Min FICO 660 and up to 80% CLTV for Super Prime
Min FICO 700 and up to 70% CLTV for DSCR
Loan amounts up to $1.5 million
A valid ITIN card or IRS ITIN letter and an unexpired government photo ID required
As little as 3 months of reserves

Why choose our ITIN?

Primary residence & investment allowed
DSCR allowed
Alt docs allowed