Single Family Permanent

Dragon Realty Capital offers fully amortizing permanent loans on non-owner occupied single family properties in most states.   These loans offer a variety of fixed rate terms and documentation choices.  Features of these loans include:

Property Types:  1 to 4 unit SFRs and PUDs (warrantable & non-warrantable)
Loan Amounts:  $200,000 to $2,000,000 (higher by exception)
LTV:  Up to 80%
Amortizations:  20 to 30 Year, Fully Amortizing
Debt Service Coverage:  As low as 1.15
Fixed Terms:  5, 7, and 10 Year Hybrids, converting to LIBOR based or WSJ Prime Rate adjustables after the fixed period
Minimum FICO*:  As low as 550!
Prepayment Penalties:   3 year fixed or 3 year declining
Occupancy:  Investment Only
Documentation:  Full (tax returns), Lite, Stated Owner-User, Bank Statement Only, and No Document
Recourse:  Full Personal
Eligible Borrowers:  U.S. Citizens, Resident Aliens, Legal Entities
Eligible Markets**:  Urban & Suburban in primary, secondary and tertiary markets
Fees:  $1,500 Processing, Underwriting (varies), and Documents (varies)
Reports:  Appraisal

*Credit score requirements vary across programs, affecting LTV, rate, and points charged.


Click Here 
to download and provide the necessary documentation to receive a Conditional Loan Commitment.

**Not all programs are available in all states.

Note:  Rates and loan programs can change without notice.