Short Stay and Vacation Residential Rentals
No upfront fees, income verification, or tax returns
Nationwide
Long term, short stay and rent ready vacant properties
Primary, secondary and rural
Single property: $250,000 to $3 million
Portfolio: $500,000 to $20 million+ ($250,000+ per property)
Cash-out, rate & term refinance and purchase to 80% LTV
Competitive fixed interest rates
Rate locks
30-year fixed or 5/6, 7/6, or 10/6 ARMs partial IO or fully amortizing
30-year amortization
DSCR: must be rent ready
680+ credit score
Origination varies
Prepay: 5/4/3/2/1/0, 1 year, and no prepay options
Appraisal required
Loans close in LLC or corporation name
Recourse
No bankruptcy, foreclosure, short sales or deed in lieu last 2 years
First lien; no subordinated debt permitted
U.S.A. citizens, permanent resident aliens and foreign nationals
First time investors welcome
Click the GET STARTED Link for PRE-APPROVAL within 48 hours for qualified borrowers.
No upfront fees, tax returns, income verification, credit cards, Social Security Numbers or credit checks are required for PRE-APPROVAL.
