Residental Investment (1-4 Units)
Tailor-made to Meet Your investment Needs.Building the wealth effect one rentable door at a time. ZENITH is a true investor product with rates closer to prime than hard money. Built to accommodate the needs of the mass affluent and high net worth in the purchase or refinance of residential investments (1-4 units).
tailor made for personal and professional investors
- Loan Amounts up to $3 Million+
- 80% Purchase I 80% Cash Out
- Starting at 4.99%
- 30 Year Fixed Rate
- 10 Year Interest Only
- 10+ Properties, LLC Ownership, Professional Investors
- No Limit on Financed Properties
- Non-Warrantable Condos
- Credit and Housing Events – 36 Months
- Business Purpose Loans – Non TRID
- Title can be held in qualified trust or entity
Investor: Residential (1-4 Units)Real estate has been one of the best ways to accumulate wealth and leverage is one of the greatest advantages used by real estate investors. ZENITH supports their risk-taking spirit by providing liquidity and credit options based on a simple, innovative business purpose and the quality of residential asset(s).
- NINA – No Income No Asset
- DSCR – Qualifies Off the Cash-Flow of the Subject Property
- No Tax Returns
- Permanent I Non-Permanent Resident Alien
Business purpose loansA business purpose loan is a loan made specifically for business purposes and not a consumer purpose. Business purpose loans are not subject to TRID. Business purpose loans are typically made to seasoned real-estate investors, who use Non-Owner-Occupied Residential properties (up to 4-units) for collateral. Business purpose loans are qualified on the Rents (cash flow) of the property considering the property’s Debt Coverage Ratio or DCR. Typically, the mortgage payment on the property will be covered by the rent received (DCR=1.00).
Best and Final Pricing A Private Client Pricing Model.All our programs are presented as a “Best and Final” offering. We always trade on the side of our client and our “Best and Final” pricing allows us to be customer centric. We take a Private Client approach to our Best and Final offerings to respect all of our clients in a manner that is not traditionally respected in the credit industry.
How can we ever claim to be client centric if we allow one client to out negotiate another client, therefore we have no respect for any of our clients. Our ‘Best and Final’ approach simplifies the terms offered and takes the complexity and stress out of the point of sale.