The Leading Nationwide Lender for
Real Estate Investments
Long-Term Rental Loan Program
Obtain financing for the purchase or refinance of rental properties.
Funding available for single-assets & portfolios.
Collateral:
Non-Owner Occupied 1-4 Family Real Estate; Condos;
Townhomes; Planned Unit Development (PUD)
LTV:
Purchase: Lesser of Up to 75% of the As-Is Value or Up to 75% Loan-to-Cost
Refinance: Up to 75% of the As-Is Value
Cash-Out: Up to 70% of the As-Is Value
Amortization Options:
30-Year Fixed
Property Values:
“As-Is” Appraised Value Must be $100k or Greater
Loan Amount:
Single Asset – $65k – $1.5M
Portfolio – Up to $20M
Debt Service Coverage Ratio (DSCR):
1.20
Rates:
Starting at 6.825%
Minimum FICO:
680
Fix & Flip After-Repair Value Loan Program
Obtain financing for up to 85% of the purchase price + 100% of the renovation costs, not to exceed 67.5% of the after-repair value.
Available for non-owner occupied single (1-4) & multifamily (5+) residential real estate, townhomes, and condos.
Interest rates for this program start at 10.24%.
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