Non-Recourse Mortgage

– For loans at or below 60% LTV

– Lender’s recourse limited to mortgage security only.

– Lender cannot pursue the borrower covenant.

– No need to create separate shell company.

– Exclusions – environmental liability and fraud.

– Applies to all rental and all investor types.

Note: Some conditions and limitations will apply to the above mentioned products as per lender and insurer guidelines ….please contact us to discuss details.