Real Estate Investors Are Choosing Pharus Home Mortgage
At Pharus Home Mortgage, we are providing an atmosphere of experience and urgency to get your investment property financing funded effeciently and quickly. Our commitment to serving our real estate investor community is apparent in our available programs investment financing programs.
Available Real Estate Investment Programs
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Investor Cash flow Program
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Foreign National Loan
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Non-Prime Bridge Loan
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Non-Prime N/O/O Business Purpose
* Additional mortgage programs are available through our private network of investors and equity firms. Please contact us to discuss your specific requirements
Investor Cash Flow Program Terms
Qualify based on rental analysis to determine property cash flow. No personal income required to qualify. This saves you from submitting complicated income statements and tax returns.
Requirements To Qualify
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No personal income docs
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Credit scores down to 680
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Up to 80% LTV
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Property cash flow report
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2 years seasoning for foreclosure, short sale, bankruptcy or deed-in-lieu
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No DTI restrictions
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Must own a primary home
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1-4 units and condo
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Loans up to $1.5 million
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Seller concessions to 3%
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Can close in a LLC
Foreign National Loan Terms
Requirements To Qualify
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Up to 75% LTV
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No U.S. credit required
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Loans up to $750,000
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Foreign National clients can purchase an investment property in the U.S.
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Minimum loan of $ 100,000
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Fewer country restrictions
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DTI up to 50% considered
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Investment properties allowed
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Single family rentals, townhomes, condos, 2-4 units
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No SSN or ITIN required
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12 months reserves required
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Non-warrantable condos considered
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Rates are 30-year fixed
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Seller concessions to 3%
Non-Prime Bridge Loan Terms
Requirements To Qualify
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No Income Proof Needed
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All Loans are N.I.V
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No Income Stated on 1003
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No DTI Ratios
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No DSCR calculated on residential properties
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Rates as low as 7.99%
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LTV up to 80%
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Loan Amounts from $ 100,000 – $15,000,000
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Lending to LLC’s, S-Corp, Trust or Individuals.
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Property Types Include:
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Single Family Residence
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Condo
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Condotels
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2-4 Units
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Multifamily
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Mixed-Use
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Office
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Retail
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Interest Only Option Available
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Foreign Nationals – OK
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100% Gift Funds – OK
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Properties with Deferred Maintenance
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Rural Properties
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Short Term and Long Term Bridge Options are Available
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No source & seasoning of down payment options
Non-Prime N/O/O/ Business
Borrowers looking to refinance N/O/O SFR, Condo and 2-4-unit properties can look for some of the best rates in the Non-QM industry. Long term (30 years) loans with NO balloon payments and Interest only options are available. You can count on many options for prepayment privileges and impounding for your property taxes/insurance.
Requirements To Qualify
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No Income Proof Needed
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All Loans are N.I.V. (No Income Verified)
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LTV up to 80%
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No DTI Ratios
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No DSCR calculated on residential collateral
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Rates as low as 6.99%
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Loan Amounts from $ 100,000 – $5,000,000
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Lending to LLC’s, S-Corp, Trust or Individuals.
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Property Types Include:
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Single Family Residence
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Condo
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2-4 Units
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Interest Only Option Available
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Foreign Nationals – OK
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100% Gift Funds – OK
1859 SE Port Saint Lucie Blvd, Ste A
Port St. Lucie, Florida 34952
772.925.8202
