Loan Limits

$250,000 – No Maximum

Recourse

Recourse & Non-Recourse

Loan Types

Acquisition
Refinance
Cash-Out Refinance

Maximum LTV

80.0%​ (Purchase and refinance)
75.0% ​(Cash-out)

Net Worth Min.

Must be at Least Equal to the Loan Amount (FNMA)

Post Closing Reserve Min.

10% of Loan Amount

Occupancy Type

Investor

Occupancy Min.

85.0%

Eligible Locations

Primary & Secondary Markets Nationwide

DSCR Minimum

1.20%

Collateral Elligible

Multifamily, 5 Units & Up

Interest Rate

4.00% - 5.50%

Credit Score Min

660 middle score

Amortization

30 Years

Loan Points

0.00% - 2.00%

Term

5, 7, 10, 15 & 30 Year Fixed

Prepay

Varies with Loan Program: Declining & Yield Maintenance

Closing Time

45 – 60 Days

The Continental Finance Difference

Nationwide Program
Competitive Terms
Loan Programs Include Construction
Letter of Interest Issued for Purchase Negotiations