Residential Investment Portfolios
RESIDENTIAL LENDING PORTFOLIO PROGRAMS Blanket Loans Size Rate Type
Entrepreneurial Programs $1 Million- $5 Million Starting at 5.50% Fixed
Term
5 & 10 Years
LTV
Up to 75%
Prepayment Penalties DSCR Amortization Recourse Loan Documentation Property Types
5 years Declining 1.30x Up to 25 Years Yes Streamlined SFR & 1-4 Units, Condos, Townhomes, Multifamily
Owner Occupied
Investment Properties Only
Foreign National
Up to 60% LTV
States
Nationwide
Loan Submission Process
3 Simple Steps
STEP 1: • • • • • •
Qualify your Transaction. Questions you should ask your client: What size loan are they requesting? (minimum $500,000) How many properties do they own? (minimum 5 properties) Is the property portfolio at least 90% leased? What is the motivation for loans? Any bankruptcies in the past 10 years?
STEP 2: • Submit completed Data (Excell spreadsheet listing property details) • Underwriting will review the data and will identify deal size • Term Sheet will be issued by Metwest
STEP 3: • • • •
Term Sheet returned with required expense deposit Kickoff call to discuss due dilligence process Due dilligence started Loan Closes!
For more information please contact one of our Account Representative at Metwest This marketing material is for your private information, and we are not soliciting any action based upon it. It does not constitute an offer, solicitation or recommendation with respect to the purchase or sale of any security. This document is not intended to form the basis of any investment decision and does not constitute or form part of any offer to sell or an invitation to subscribe to, hold or purchase any security or any other investment, and neither this presentation nor anything contained herein shall form the basis of or be relied on in connection with any contract or commitment whatsoever.