Georgia Bad Credit Rental Investment Home Mortgage Refinance 

Georgia Bad Credit Rental Home Mortgage Refinance 

You found this page because you may NOT be able to refinance an existing Georgia rental property mortgage with bad credit.. Bad credit Georgia refinance mortgage lenders provide refinancing for single family homes, townhouses, and condos located in Georgia even if you have 30 and 60 day late payments on your Georgia investment properties. The property may be a vacation home, second home, or Georgia rental home. But not a Georgia primary residence.

Bad Credit Florida investment Mortgage Refinance

  • BAD CREDIT GEORGIA DEBT CONSOLIDATION ADVANTAGES INCLUDE:
  • Up to 90% Bad Credit Cashout – with NO Georgia Mortgage insurance with a 680 fico!
  • Up to 85% Bad Credit Cashout – No Georgia Mortgage insurance with a 600 Credit Score!
  • Up to 80% Bad Credit Cashout – No Georgia Mortage Insurance With A 540 Credit Score!
  • UP To 75% Bad Credit Cashout – No Georgia Mortgage Insurance with a 500 Credit Score!
  • Bad Credit Loan To Value Based On credit scores, mortgage late payments, property types, and cashout.
  • Georgia Bad Credit Cashout – Debt To Income Caps Out At 50%!  This means Bad credit Georgia mortgage lenders will not allow you to refinance over 50% of your total income for housing plus all other payments reflected on your credit report!

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Georgia BAD CREDIT MORTGAGE LENDERS INVESTMENT PROPERTY QUALIFICATIONS 
540+ FICO
Mtg 0x90 (12 Months) Refinance Georgia Investment Properties With 30 and 60 day late payments OK! NO 90 Day late payments!
No BK/FC 1 Year
SS/DIL Settled
Purchase 70% LTV
RT Refi 70% LTV
Cash-out Refi 65% LTV

Bad Credit Georgia Rental or Georgia Investment Property Refinance with 30, 60 day late payments!

When we refinance an existing Georgia rental mortgage or investment property Georgia mortgage with our  loan with our bad credit Georgia refinance mortgage loan you save money by paying down higher interest dabt. We call this the  This bad credit Georgia investment refinance mortgage loan for Georgia investor who were discouraged by tough bank underwriting guidliness. 

Georgia BAD CREDIT INVESTOR GENERAL INFO LOAN TERMS: 
● 5 year ARM, 7 year ARM or 30 Year Fixed 
● 2 Year Pre-payment penalty 
● Floor = Start rate 
● Caps are 2/2/5 (2% initial change cap / 2% Period Adjust /
5% lifetime cap) 
● 1 year libor 
● All loans require impound for tax and insurance
Georgia BAD CREDIT INVESTOR PROPERTY TYPES
● SFRs, condos, townhouses, 2-4 units 
● Property must show “pride of ownership” 
Georgia BAD CREDIT INVESTOR DEBT TO INCOME RATIO: 
● 50% Max back end ratio 
● See guidelines for residual income calculations

Georgia BAD CREDIT INVESTOR PRE-PAYMENT PENALTY INFORMATION 
Standard PPP is 2 years 
(6 months’ interest on amount prepaid in excess of 20%) 
Min 1 year Pre-Payment penalty required 

4 Years –0.500%
3 Years –0.250%
2 Years Standard 
1 Year 0.500% or 1.00% to cost

Georgia BAD CREDIT INVESTMENT REFINANCE PROGRAM NOTES Georgia LENDING CRITERIA: 
INCOME DOCUMENTATION: 
Loan Amounts:
Minimum loan amount $100,000
$100,001 – $1,000,000 – See Georgia bad credit investor matrix
$1,000,000 – $2,000,000:
Georgia Bad Credit refinance Investment Property Purchase Rate/Term Cash-Out Bank Statement 
A 75% 75% 70% 70% 
● Full Doc – W-2 & paystubs, 1040s, K1’s 
● 1 year W-2 and paystubs, 1040s, K1’s 
● 1 Year Tax Return (Self Employed) 
● Alt Doc – 12 or 24 months personal or business bank stmts or
1099’s (self employed only) 
● Alt Doc – Rental income qualified by lease agreements
($1 MM max loan amt) 
Georgia BAD CREDIT INVESTMENT REFINANCE DOWN PAYMENT REQUIREMENTS 
All loans over $1,000,000:
No gift equity. 6 months reserves required (exceptions
considered case by case with 10% reduction in LTV). Cash-out
may be used to satisfy reserve requirement. 
Second full appraisal required on all loans over 1.5 million 
● All down payment funds must be verified prior to drawing
loan documents 
● Secondary Financing 75% Max LTV / 90% Max CLTV 
Georgia BAD CREDIT INVESTMENT REFINANCE RESERVE REQUIREMENTS
● 6 months required above $1MM loan amount, LTV>75% and 
Non-Perm Resident Alien borrowers 
Pre-Payment Penalty Buydown Options 
(Minimum 1 year pre-payment penalty required): 
NON-PERMANENT RESIDENT ALIEN: 
First year buydown: either 0.500% to rate or 1.00% to cost 
● B credit grade is floor 
● No FICO is allowed (when no FICO, price at A- and add 0.500%
Refinance of property listed for sale in last 6 months: 
to rate) 
– 0-3 months 
1.00 point cost 
– 4-6 months 
0.50 point cost 
● Visa classifications allowed
(E-1 – E-3/G-1 – G-5/H-1/L-1/NATO/O-1/R-1/TN (NAFTA)

Bad Credit Georgia Rental or Georgia Investment Property Refinance with 30, 60 day late payments!

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