Single family home. Refinance Cash Out
Bridge Loan; credit score: 762
Cross-collateralized to both homes
Borrower closed in 10 days.
Detached home SFR; Refinance Cash Out
DSCR Loan; Credit score: 672
DSCR was calculated off only the lease
Borrower netted $530k cash
4 Unit (fourplex); Refinance Cash Out
DSCR Loan; Credit score: 686
Cash-out funds used as Reserves
Borrower walked away with $675k cash