Do you have clients who are either new or experienced in the field of real estate investment? Aspire Advantage Rental Program is tailored to simplify the qualification process, placing a strategic focus on the subject property through the Debt Service Coverage Ratio (DSCR).
Here's why Aspire Advantage Rental Program is a strategic choice for your clients:
1. 🌟 Property Diversity: Single-family homes, condos, acreages, rooming homes, Airbnb, student housing and more! Versatility in property eligibility increases the scope for client options.
2. 🍁 Canadian Focused: Exclusive to Canadian citizens and permanent residents.
3. 💪 DSCR Flexibility: Two programs catering to DSCR >= 1.0 and 0.99–0.75. Tailored solutions for everyone!
4. 📈 Competitive LTV Ratios: Up to 80% on purchases, 75% on refinances!
5. 📊 Credit Confidence: Minimum Beacon score of 620. Fair terms based on the lowest score.
6. ⏰ Varied Loan Terms: 1, 2, 3, or 5-year terms with up to 40-year amortizations!
7. 💲 Generous Loan Amounts: $200,000 to $2,000,000 (Up to $6.25M for blanket/multiple properties loans!)
8. 📍 Strategic Lending Areas: Covering key regions in Ontario, BC, and Alberta - prime and secondary markets!
9. 📄 Streamlined Documentation: Easy process for appraisals, tax bills, and agreements!
10. 🏡 Experienced Investors Advantage: Tailored for experienced investors with no limit to properties in a portfolio and who may utilize registration under a Holdco structure!
