BRIC LLC “RESIDENTIAL” Lending Guidelines
Class I
Single family-investment units 70% ltv PURCHASE MONEY or REFINANCE
* special situations allow for 10% Seller Held 2nd mortgages 20% down payment*
– Min credit score 650
– Min loan amount 100k
Class II
2-4 70% LTV purchase money or Refinance
– Min credit score 600
– Min loan amount 50k
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