PRIMARY RESIDENCE LOANS
Smart Financing for Your Primary Residence Needs
At Home Team Lending, we make financing your primary residence easier than ever. Whether you're purchasing your first home, upgrading to a new space, or refinancing your existing mortgage, our simple and straightforward loan options are designed to fit your unique needs.
We believe the process should be hassle-free, which is why we focus on providing clear terms and quick approvals. With no tax returns, W2s, or personal income verification required, you can enjoy a streamlined application process. We prioritize your property’s potential, not just your personal income, ensuring you get the financing you need without unnecessary roadblocks.
How to qualify
To obtain a quote, we will need the following information:
Property Value and
Purchase Price
Down Payment Amount
Credit Score
Asset Types
- Single Family Homes
- Townhomes
- Condos
- 2 - 4 Units (Duplex, Triplex, Quadplex)
- Multi-Family: 5 - 8 Units
- Mixed-Use: 2 - 8 Units
- Multi-Family: 9+ UnitS
Loan Terms
Loan Sizes: $100k up to $3.5 Million (Larger loan sizes available on a case by case basis)
Purchase LTV: Up to 85%
Rate & Term Refinance LTV: Up to 80%
Cash Out Refinance LTV: Up to 80%
Amortization: 30 Year % 40 Year Amortization Options Available
Term Lengths: 5/6 ARMs, 7/6 ARMs, 10 Year Interest Only, 30 Year Fixed & 40 Year Fixed
Floor Rate: 5.50% (subject to change daily due to market volatility)
Full Recourse with personal guarantee required for all borrowers with majority ownership (typically 20%+ or 25%+ if closing in an Entity)
DSCR Requirement: 1.00x or greater depending on loan size and property type. Sub-1.00x DSCR and NO DSCR options available.
Vesting: Lending to Individuals, LLCs, and Corporations. Trusts Allowable on a Case by Case Basis.
Average Time to Close: 14 to 35 days
Wondering if you qualify for investment property financing in your area?
We offer lending services in all 50 states!
