5th Street Capital, Inc.

Basic information

QM program

• Conventional

Loss payee

5th Street Capital, Inc. its successors and/or assigns as their interests may appear 2020 Camino Del Rio N, Suite 215 San Diego, CA 92108

CPL or subordinate clause

5th Street Capital, Inc. its successors and/or assigns as their interests may appear 2020 Camino Del Rio N, Suite 215 San Diego, CA 92108

Lock policies & fees

Lock policies

Lock extension

7 days -0.125 15 days -0.250 30 days -0.500

Relock

Pricing on expired locks will be pricing from the day the loan was originally locked or pricing on the day the relock is requested, whichever is worse. Please contact your AE for any special situations.

Lock & Shop

No

Lender's niche & overlays

Lender's niche

Portfolio Highlights

• DSCR on 5-8 unit properties
• 1 year tax return full doc
• Min 200K (Some Exceptions) Max 5.0M
• Min Fico 620
• The best bank statement programs in the industry
• 90% LTV to $2 million with NO MI
• 12 or 24 months personal or business statements
• NO CPA letter!
• NO PNL!
• 10-15% expense ratios allowed with LOE from the borrower
• We will calculate your qualifying income, send bank statements for review ahead of submission!
• Interest Only to 85%!
• 1X30 mortgage late in last 12 mos OK
• DTI to 55% and we allow paying debts off to qualify
• Departing residence liability eliminated when leased or listed on MLS
• 1 appraisal to $2 million
• Foreign National Loans to 80%, 75% as DSCR loan, no US credit required.
• Non-Permanent with Visa type: B, L, E, H, F
• ITIN to 85% Non FTHB with US Credit
• Wage earner to self-employed
• Vesting in Entities, Trusts
• 420 friendly, Cannabis income allowed
• 85% LTV to $2 million on investment property
• 40-year Interest only to 80%
• Non-Owner Gifts OK
• No Ratio DSCR loans with great pricing, short term income OK
• Asset Depletion / 120 mos, easy calculation. 
• Non-Warrantable Condos
• Condo-tel and TIC Occupancy
• Cash out for reserves and even AD cash out
• Product Overview Page here:  Product Offering!

 What differentiates us, in addition to above….

• Empowering loan officers with pricing engine here:  Quickpricer!
• Efficient operations
• Communicate with decision makers
• Pre-Flight submission process eliminates doubt
• Experienced AE to partner with!

On business-purpose loans, lender credit may be used towards broker compensation

Lender's overlays

N/A

Lender turn time

Initial underwrite (days)

2

CTC conditions review (days)

2

Initial CD (days)

1

Reviews