LOAN TYPE: PORTFOLIO
POSITION: 1ST
RATE TYPE: FIXED
PAYMENT TYPE: AMORTIZING
LOAN LIMITS: $2 Million
INDEX: NA
TERMS: 10, 15, 20, 25 & 30 Yrs

ADVANTAGES:
• Qualify without the need for stable recurring income
DISADVANTAGES:
• Higher rates than equivalent Agency loan products
• Limited to income-producing rental property