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NONI 58
Go Bigger with NONI58
for 5-8 Unit Investment Residential Properties and 2-8 Unit Mixed-Use Investment Properties
5-8 Unit Highlights
Loan amounts up to $2MM
LTV’s up to max 75%
Cash in hand up to $1MM
Fico score as low as 700
As low as 36 months seasoning on BK/FC/SS/DIL
Qualify off ITIA payment when I/O is selected
No tradeline requirements for Borrowers with all 3 credit scores reporting on credit
As low as 3 months reserves
Only 30 day asset verification required.
Gift funds allowed
0 x 30 x 12 Housing History
2-8 Unit Mixed-Use Highlights
700 Minimum FICO
Purchases to 75% LTV
Loan amount to $2M
Minimum loan amount of $200k
2-8 units allowed
Experienced investors only
Cash-out to 70%
Cash in hand to $1.0M
General Purpose Commercial or Narrative appraisal required
Borrower can be the business occupant
Matrix
NONI58 Matrix
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About
theNONI
nearNONI
NONI58
theNONI
Products
NonQM Products
QM Products
BridgeLoans
CalHFA
theNADA
theSECOND
Mortgage Partner
Broker Resource Center
Broker Resource Center
Go to theSpot
Make A Payment
Request An Appraisal
Ratesheets
Receive Daily Updates
The Spot / How To Submit
Turn Times
VA Appraisal Order
Reviews
Contact