Use your property’s gross rent

Our Debt Service Coverage Ratio Loan Program allows you to finance an investment property by using the property’s gross rent to qualify instead of your personal income.

Program features:
Signature expanded bank statement
CCM’s Signature Select series provides more ways to qualify for home loans – options your clients can use to achieve their goals!
•Max LTV: 90%•Min FICO: 620
•Max DTI: 50%
•Max loan amount: $3 million
Signature expanded asset qualifier:Allows high net worth borrowers to qualify solely off their liquid assets (no income required).
•Max LTV: 90%
•Min FICO: 620
•Max 80% maximum loan-to-value (LTV)
620 minimum credit score
Loan amounts up to $3 million
No limit on number of financed properties allowed
Minimum Debt Service coverage ratios:
LTV up to 70%700 credit score or higher and purchase: .75
699 credit score or lower: 1.00
LTV above 70% and up to 75%:700 credit score or higher and purchase: .75
699 credit score or lower and/or refinance: 1.00
LTV above 75%: 1.00

Call or email today to get started.
CONTACT ME
Johnathan Barber
Originating Branch Manager
M 513-518-6318
D 513-991-5938
W ccm.com/johnathan-barber
E johnathan.barber@ccm.com
CrossCountry Mortgage, LLC
130 Tri County Parkway, Suite 108
Cincinnati, OH 45246
Personal NMLS240526 Branch NMLS2588310
Company NMLS3029
Min FICO: 620
TEAM BARBER
CROSS COUNTRY MORTGAGE

   

      

     


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