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Long Term Residential Rental Loans (1 to 8 Units)

Non-owner occupied single family homes, duplex, triplex, quad, warrantable condo and townhomes  

Single property and portfolio loans

Cash-Out, refinance and finance purchase up to 80% LTV

Rates as low as 4.6%

30 year term fully amortizing, 5/1 ARM or 5 year interest only w

No upfront fees, tax returns or income verification

Fast, streamlined funding in 3 to 6 weeks

  1. Nationwide (primary, secondary and rural locations) 
  2. $500,000 to $2.5 million loan amount per property
  3. Portfolio loans: $1 Million to $20 Million+ ($50,000 to $2.5 Million per property)
  4. Cash-out or refinance 80% of appraised value with 720+ credit (75% @680 to 720; lower LTV @620 to 680)
  5. 30 year fixed term fully amortizing or 5/1 ARM with 30 year amortizaton
  6. Finance 80% of purchase price
  7. For cash-outs: no monthly payments until 4th month after loans funded (3 months PITA escrowed)
  8. Rates vary by 30 year fixed versus 5/1 ARM,  credit score, LTV, DSCR cash-flow and/or if buy-down rate 
  9. Origination: varies
  10. Prepay: 5/4/3/2/1 
  11. Loan must close in LLC, corporation or partnership name
  12. Recourse (non-recourse portfolio loans available with variable rates)
  13. No bankruptcy, foreclosure, short sales or deed in lieu in last 3 years
  14. No seller financing or second mortgages
  15. Warrantable condos must be 50% owner occupied, HOA dues 15% max 60 days past due and no more than 20% owned by one person
  16. No condotels, mobile homes, timeshares, commercial or mixed-use
  17. In-house loan servicing LO 
  18. Rent ready vacant properties financed based on area monthly rents
  19. Eligible borrowers: U.S. citizens, permanent residents and foreign nationals

To submit your online loan request, click the blue GET STARTED Link for PRE- APPROVAL within 48 business hours. No upfront fees, tax returns, income verification, credit cards, Social Security Numbers or credit checks required for PRE-APPROVAL.

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