DSCR FROM 5.45%BRIDGE FROM 8.25%TERM SHEETS IN 24HLENDING IN 42 STATES

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HOME / WHO WE LEND TO

Find out before you apply, not after

Most lenders make you submit a full file to learn you were never eligible. Here is exactly who qualifies — entity, credit, experience, residency — so you can stop reading in ninety seconds if it isn't you.

THE FOUR WE GET ASKED MOST

Can I borrow in my own name?

An LLC or corp, every time

Do you need my tax returns?

Not on DSCR or bridge — ever

Is my first deal a problem?

660+ on DSCR, 680+ on a flip

Do you lend to foreign nationals?

YES

With conditions — see below

THE ONE HARD REQUIREMENT

You must borrow in an entity

Every Silt loan closes in an LLC or corporation. Not a personal name, not a trust alone. These are business-purpose loans and the vesting has to match.

If you don't have one yet, that is not a delay. Form it while we underwrite — most states issue in a few days, and we only need the articles, operating agreement and EIN before closing, not before pricing.

WHAT WE NEED FROM THE ENTITY

Articles of organization or incorporation

Operating agreement or bylaws

EIN letter from the IRS

Certificate of good standing, where the state issues one

A personal guarantee from members at 20% or more

A single-member LLC is fine. So is a brand-new one with no operating history.

The situations people ask about

Straight answers on the profiles that agency lenders turn away and most private lenders leave ambiguous.

Yes

First-time investors

Your first rental or your first flip is fine. We need 660+ on a DSCR file, 680+ on a flip, and a licensed general contractor on the budget. Leverage starts a step lower than a seasoned operator gets — 80% LTC rather than 90% — and improves with every project you close with us.

Yes

Partners in one LLC

Multiple members is normal. Everyone at 20% or more signs a personal guarantee and goes through credit. The operating agreement needs to show who can sign for the entity — that is the piece that most often holds a closing up, so send it early.

Yes

Foreign nationals

WITH CONDITIONS

Yes, with conditions. We need a valid passport and visa, a US bank account seasoned at least sixty days, and reserves held in the US. Leverage caps 10% below the standard tier and the entity must be US-formed. Pricing is a step higher — stated on the term sheet, not discovered later.

Yes

US citizens living abroad

Treated as any domestic borrower. Credit pulls normally, income is irrelevant on DSCR, and remote closing through a US notary or consulate is routine. No leverage or pricing adjustment for living overseas.

Yes

Self-employed with heavy write-offs

The reason DSCR exists. We qualify the property on its rent, so what your Schedule C shows has no bearing. On commercial files where the property alone will not carry it, the bank-statement path uses deposits instead of returns.

Yes

Investors already at the agency limit

Ten financed properties caps you at Fannie and Freddie. It does not cap you here — we count the rent roll and the sponsor, not the door count. This is the most common reason experienced investors come to us.

Yes

A credit event in the past

WITH CONDITIONS

Beyond three years with clean credit since, send it with an explanation and we will price it. Inside three years on a foreclosure, short sale or bankruptcy is generally a decline, though strong collateral and real reserves occasionally change that.

Anyone borrowing personally

Every loan closes in an LLC or corporation without exception. If you do not have one, form it during underwriting — it does not delay pricing or a term sheet.

If you own it to rent it or to sell it, you are who we lend to.

BUSINESS-PURPOSE ONLY · 42 STATES

Credit, and what we do with it

We pull a mid-score at term-sheet stage, never before quoting. It sets your tier and nothing else — there is no debt-to-income test, no employment verification, no tax returns on any DSCR or bridge file.

A credit event with a real explanation is workable. A pattern is not. Tell us up front and we will price it honestly rather than discover it in underwriting and reprice you.

660is the floor on a DSCR loan — individual or portfolio. Flip and ground-up start at 680.

WHERE SCORES LAND

740 and upBest tier on every program

700 – 739Full access, modest pricing step

680 – 699Every program open; leverage comes down

660 – 679DSCR floor — individual and portfolio

Below 660Rarely, and only on strong collateral

Foreclosure, short sale or bankruptcy inside three years is generally a decline. Beyond three years with clean credit since, send it.

When we are the wrong lender

Worth saying plainly. If any of these describe you, we will tell you on the first call rather than take you through a file.

You plan to live in the house. Owner-occupied residential needs a conventional lender — business-purpose only here. Owner-occupied commercial is a different story: if your business occupies the building it owns, that is financeable on our commercial programs.

You want the absolute lowest rate and have the time. A bank or agency loan will beat us on price. We compete on speed, certainty and terms that hold.

The property is rural or manufactured. Outside a metro statistical area, or mobile and modular construction, we cannot lend.

You are in one of the eight excluded states. Alaska, Hawaii, Minnesota, North Dakota, Oregon, South Dakota, Utah, Vermont.

STILL NOT SURE

Ask before you assemble anything

One call, no file, no credit pull. If your situation sits outside what is written here, that is usually a five-minute conversation rather than a rejection — and if we genuinely cannot help, we will say so and point you somewhere that can.

(786) 661-8316 Property guidelines

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Written term sheet within 24 hours. No credit pull to quote.

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