Rental Loans Criteria
Property Types
Single Family 1-4 Units; 5-10 Multifamily
Property Type
Investment, Non Owner Occupied
Loan Amount
$75k - $2.0M
Term
30 Years
Type
Fixed and Adjustable Rate
Rates
From 7.00%
Max LTV
80% of "As-is" Value
Minimum Credit
660
Loan Strategy
Short Term Rental or Long Term Rental
Frequently Asked Questions
Rental loans are used to purchase or refinance residential rental properites. We offer them in 30 year fixed or adjustable rate mortgages. You can even opt for Interest-Only payments up to 10 years.
Rental Portfolio loans bundle multiple residential income properties into one loan. You can qualify several properties at once and save on processing costs. There's only one monthly payment and release clauses are built-in if you want to sell one or more of the properties during the loan term.
You can access the equity in your investment properties by obtaining a cash-out loan through us. We'll qualify you based on the Debt Service Coverage Ratio of the property and your Credit Score.
Banks don't like to lend to LLC's and have trictions on the amount of mortgages you have on our credit report. We prefer to lend to LLC's and we don't report our loans to the credit bureaus.
We are the ultimate tool for the serious real estate investor.
Step 1: Apply for a Rental or Rental Portfolio Loan We make it easy to apply. Fill out our loan application and include a few required documents.
Step 2: We Review Your Materials & Order the Appraisal(s)
We review your loan package, provide you with the best loan option available to you based on the proeprty value, projected rental income, and your credit score. We'll order the appraisal once you are satisfied with the terms.
Step 3: Get Approved
Once the appraisal and all documentation is in, we'll take your loan to the closing table so you can focus on growing your business!
