Business Purpose Lending

Investment, DSCR - No Licensing No Problem

No Licensing, Not a Problem

With our Business Purpose loans, you don’t need to be licensed in certain states where we are licensed. We can fund with our LoanStream License.

States may have other or additional requirements; check with your Account Executive.

What's a Business Purpose Loan?

A business purpose loan is used to purchase an investment property or a cash out refinance, where the funds are used for any business purpose. The property collateralized can be non-owner-occupied if the funds are used for business. You can work directly with real estate investors and business owners who are looking for this type of loan to either purchase an investment property or looking for funds to enhance their current one.

DSCR Loans
Cash-Flow Debt Service Coverage

DSCR for Investors Program Highlights

DSCR = Gross Income divided by PITIA
Max loan amount $3,500,000
1-4 family properties and condominiums permitted
85% LTV for Purchase, Rate & Term Refi
75% LTV Cash-Out
Down to 620 FICO
Non-Warrantable Condos OK
Investment Properties only
Gift Funds allowed
No limit on Financed Properties

Partner with the ONE lender who provides clients with the trust, knowledge, and expertise to help them expand their pipelines. Get Approved today!

Licensing Requirements for Business Purpose

(Hover over the state for specific information)

Often, business owners, especially small ones, find it difficult to get approved by larger institutions such as banks; therefore, it’s to their advantage to work directly with you. Here’s the advantage to partnering with us as your lender to serve these customers:

No License Needed

Mortgage Broker License Required

Real Estate Broker License Needed

State Mortgage License Required

Money Broker License Required

We do not lend, financing not available