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 |
