Investors of single family rental, duplex, and other 1-4-unit properties need your help
Reduced fees. Lower rates. Meet the better fit for your 1-4-unit investor/SFR scenarios.
With no lender points and just a $500 non-refundable deposit fee for borrowers, our updated program makes it easier for you to grow this segment of your non-bank business.
| Purpose | Purchase/Cash-Out/Refinance |
| Loan Size | $100K - $2MM |
| Terms | 30-Year Fixed/ 30-year Amortization |
| Amortization | 15, 25, 30 |
| Max LTV | 85% |
| Min. FICO | 620 with >1.0x DSCR |
| Min. DSCR | 0.75x DSCR with 660+ FICO |
| UW Method | Qualifying income based on property cash flows – no DTI test |
| Documentation | No tax returns required |
| Eligible Properties | 1-4-unit attached/detached, short-term rentals, PUDs |
| Prepayment Penalty | 5% for 5 years | 3 years Declining 3%, 2%, 1% | 5 years Declining 5%, 4%, 3%, 2%, 1% |
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Why do Brokers Choose Silver Hill Funding?
Top 5 Reasons
- No lender points
- Competitive solution for bank fallout
- 30-year fixed rate term available
- Borrowers can launch transaction with just a $500 deposit
- No tax returns or 4506T required during transaction
Case Study
Closed Loan in Torrance, California
PROBLEM
An investor in California was looking for a cash-out refinance solution for their multifamily investment property that would not require a traditional agency DTI underwriting.
SOLUTION
Silver Hill Funding was able to meet their needs thanks to their 1-4 Plex Program, which also gives borrowers the ability to secure financing without having to provide tax returns.
Success Stories
An investor in California wanted to take cash out of their mixed-use property and they needed a quick closing. Thanks to Silver Hill, the borrower was able to lock in a great rate – despite the fact that they never produced tax returns during the transaction.
A group of investors wanted to purchase a recently stabilized multifamily property after a full remodel. Silver Hill was able to approve the loan despite the stabilization issues and allowed the investors to purchase the property with just a 20% down payment.
A business owner wanted to execute a cash-out refinance but they were denied SBA financing. Thanks to Silver Hill’s Bank Statement Program, the borrower was able to get approved without having to submit tax returns.
Silver Hill was able to provide the perfect alternative solution for this business owner after their bank decided not to approve their refinance request.