Adler Capital
Investment property lending
Program Guidelines
What we lend on, and just as importantly, what we don't. Business-purpose loans on non-owner-occupied property only.
What we do
- DSCR rental loans, 30-year fixed, interest-only options available
- Fix and flip, up to 90% of purchase and 100% of rehab on the right file
- Bridge loans for speed, refinanced into DSCR after stabilisation
- Ground-up construction for experienced builders
- Rental portfolio loans, 5 properties and up under one note
- Foreign national and ITIN borrowers, with adjusted leverage
Typical parameters
| Item | Standard |
|---|---|
| Minimum FICO | 640, best pricing at 740+ |
| Max LTV, purchase | 80% |
| Max LTV, rate and term | 75% |
| Max LTV, cash-out | 75% |
| Minimum loan | $75,000 |
| Maximum loan | $3,500,000 |
| Minimum DSCR | 1.00x standard, sub-1.00 and no-ratio available |
| Prepayment | 5/4/3/2/1 standard, buydowns available |
| Reserves | 6 months PITIA typical |
| Vesting | LLC or corporation, personal guarantee required |
What we don't do
- Owner-occupied or primary residence financing of any kind
- Consumer-purpose loans
- Raw land with no construction plan
- Rural properties with no comparable sales
- Borrowers with an unresolved recent foreclosure or bankruptcy
Indicative only and not a commitment to lend. All terms subject to underwriting, appraisal and final approval. Business-purpose loans on non-owner-occupied investment property. Not consumer mortgage credit. Adler Capital, dan@adlercapital.us, (917) 963-0181.