Open

Road

P&L

Reach

Organized Solutions For Organized Businesses

Some of your best borrowers run the tightest ships. Logan’s Reach solution rewards that organization. With CPA or EA-prepared P&L statements, your established business owners can bypass the bank statement shuffle. Up to $3 million in financing for borrowers who keep their books as clean as their credit.

Key features:

  • $3 Million Loan Amount
  • 660 Minimum FICO
  • Up to 80% LTV
  • Primary, Second Home, and Investment Occupancy Types OK
  • Max DTI 50%
  • Minimum 1 Borrower Must be Self-Employed for Minimum of 2 Years Prior to the Note Date to Qualify
  • Supplemental Income OK
  • Max 6 Loans or Aggregate Principal Amount of $5 Million, Whichever Comes First

Self-Employed length and ownership percentage must be documented by one of the following ways: Letter from CPA; EA; or CTEC.

3 Month bank statement required

 

DSCR

Autobahn

Bank
Statement

Overland

Full Doc

Roam

Asset Qual

Beyond

DSCR
No Ratio

Accelerate

P&L

Reach

Condotel

Horizon

Testimonials