– 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.