Non-Owner Occupied residential Investment Properties, (FIX-N-FLIP, refinances, bridge loans, 1-4 Family Homes, Condominiums, Planned Unit Developments (PUDs))
Interest Only-Balloon at Maturity
* >50% construction to purchase considered on a CASE-By-CASE

Property Types – Multifamily 5-50 units
Occupancy – N/A
Loan Size – $1000,000 to $5,000,000
Lien Type – Senior Liens or 1st Position Trust Deeds and Mortgages
Loan Purpose – Commercial Purpose
Term – Up to 36 months (preferably 24 months or less)
Interest Rate – Subject to individual loan submissions
Interest Type – Global requires all loans to charge Dutch interest (accrual based on full loan amount regardless of when any reserves are funded.)
Amortization – interest-only or amortizing
Location – United States (excluding South Dakota and Minnesota)
Loan-to-Value (LTV) – as-is LTV:75%
-After repair LTV: 70%
– Cash Out Refinance: 65%
CLTV: 90% *exceptions will be considered on a case-by-case basis
Multi-Collateral – May be allowed on case-by-case basis

Borrower Type – Individual or entity
Borrower/guarantor Credit Score – minimum credit score of 525 and 600 require a 10% reduction in LTV or case-by-case exception granted at discretion. The Originator must order the credit report used for loan origination. Global will verify credit if that credit report is over four months old.
Borrower Bankruptcy – Must be at least one year removed from discharge/dismissal but may be acceptable with mitigating circumstances determined by PeerStreet.
Borrower/Guarantor Track Record – Schedule of real estate must reflect at least one other Multifamily investment property or provide evidence of past Multifamily investment real estate ownership experience.