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Lending Area: Nationwide including Hawaii and Alaska
Loan Amounts: 1. Small Balance: Min $400,000 to $3,000,000

2. Large Balance: Min $2 million to $50,000,000
Max LTV: 85%  LTV
Max LTC: 90% LTC
DSCR: 1.05 X for Small Balance Program
1.20 X for Large Balance program
Amortization: 25- 30 years (40 year amortization is available for loan amounts greater than $1 million) 
Initial Fixed Period: 2, 5, 7, 10, years fixed
Third Party Report:

$3,000 – $5,000 for most of the purchase and refinance for Small Balance Loan

$7,000-10,000 for most of the purchase and refinance for Large Balance Loan

Personal Credit: Average FICO score of 660 or above, but we will consider lower scores with a corresponding rate adjustment 
Origination Fee: Typical applies, depending on specific property and borrower information
Interest Only: Available
40-year Amortization: Available
Stated Income & Asset: Available
Market Rent Underwriting: Available
Apartment Renovation Loan: Available
Condo Conversion Loan: Available
Ground Up Construction Loan: Available
 

We're more than just an automated system. Give us a call for a personal discussion with one of our loan experts, and experience the difference. Please call Newcastle Financial's national toll free number at (877) 877-0946 today, or e-mail us at info@newcastlefn.com to discuss your financing needs. It only takes us ten minutes to determine your funding rate and terms.

 
Get your funding underway today! Call us toll free, nationwide at: (877) 877-0946
 
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