If you’re considering buying investment property, either to expand your portfolio or because you’re not ready to buy property for yourself, our financing partners at CrossCountry Mortgage (CCM) have a program that may be right for you. CCM’s 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.

• 80% maximum loan-to-value (LTV)

• 620 minimum credit score

• Loan amounts up to $2.5 million

• No limit on number of financed properties

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

Is it time for you to make an investment in real estate, or have further questions? Contact our financing team, and they’ll get you set up.