Purchase | Rate/Term Refi | Cash Out Refi
Homestar’s Investor Program is for experienced real estate investors who are purchasing or refinancing investment properties to be held for business purposes.
Program Highlights
Program Highlights:
- Employment and income not disclosed on the 1003
- DTI not calculated
- 100% rent = PITI to qualify
- Borrower may own an unlimited number of financed properties
- Perfect loan for borrowers who acquired investment properties paying all cash (recoup some cash) or borrowers who used hard money loans to acquire real estate
- Minimum FICO of 620
- Gift Funds/Gift of Equity allowed (refer to guidelines)
- No ownership seasoning requirement for cash-out refinance
- Max LTV 80%
- 4506T not required