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Los Angeles Multi-Family Property

Derogatory credit items, bankruptcy? Not a problem, we can help.

Challenge:

Borrower had significant derogatory credit items, a bankruptcy from 2013 and several foreclosures from 2012.

Solution:

Axos Bank was able to get comfortable with the past credit issues based on the borrower’s strong net worth, strong DSCR, and strong rental market.

LOCATION PROPERTY TYPE LOAN AMOUNT LTV DSCR RATE / TERM
Los Angeles, CA Multi-Family $850,000 54% 1.52 4.99% / 5 year fixed 30 year term

Call us at 877-247-7994 to see how we can help you find a solution to your unique loan scenario.

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