The loan(s) discussed on this webpage are for Debt Service Coverage Ratio (aka DSCR) loans only. DSCR loans are only for non-owner-occupied properties, that generate income, also considered as a Business Purpose loan. Therefore, this is not a consumer direct home loan. FFC Mortgage Corp dba NonQM123, can offer DSCR loans in the following States: AL, AR, CA, CO, CT, DE, FL, GA, HI, IA, ID, IL, IN, KY, LA, MA, ME, MD, MN, MO, MS, NC, NJ, NC, OH, OK, OR, SC, SD, TN, TX, UT, VA, WA, WV, WI, WY, and is subject to change.
*Pricing Quote: 30 Year Fixed: $1,000,000 Appraisal Value, 60% Loan To Value, Investment Property (SFR), Business
Purpose Only, FICO score of 760+, DSCR Ratio: 1.0 Minimum, 5 Year PPP* (Pre-payment penalty), NO RESERVES REQUIRED, Cost: Discount Cost for Rate – 1.50% of loan amount, Origination Fee: 1.50% of Loan amount, Title & Escrow Fees are Included in APR. Rates are subject to Change without Notice. Pricing Quote of 05/23/2024 @ 11:35am