PRIMARY RESIDENCE LOANS
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.
To obtain a quote, we will need the following information:
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
We offer lending services in all 50 states!
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