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Residential Rental Loan Program

Portfolio and Single Property: 1 to 20 Units

SFR, Duplex, Triplex, Quad, Condo, Townhomes and Multifamily

Cash-Out, Refinance and Purchase 

  1. Nationwide (no rural)
  2. Finance 75% to 80% of purchase price
  3. Refinance up to 80% and cash-out 75% of appraised value
  4. No experience, income tax returns or income verification required
  5. Single property rental loans: $250,000 to $2 Million
  6. $1 Million+ portfolio rental loans ($75,000 to $2 Million per property)
  7. Interest rates vary by credit score, LTV, property type, operating numbers and buy-down vs. no buy-down); the rates below were calculated @720+ and 1.25 DSCR.
  8. 4.75% @65% LTV (no buy-down)
  9. 4.0% @65% LTV (1% buy-down)
  10. 4.99% @70% LTV (no buy-down)
  11. 4.0% @70% LTV (1% buy-down)
  12. 4.625% @ 75% LTV (1% buy-down)
  13. 5.625% @75% LTV (no buy-down
  14. Term: 30 years
  15. 30 years fully amortizing with no balloon payments
  16. Origination: 2+ points
  17. Rentals must be 100% leased with annual leases and monthly payments
  18. DSCR 1.25X (No DSCR option available) 
  19. 660+ credit score for rental loans; 620+ for bridge loans
  20. Liquidity: bank statements confirming down payment, loan costs, third party reports and 3 months principal, interest, taxes and insurance payments)
  21. No sourcing or seasoning of funds
  22. No bankruptcy, foreclosure, short-sales or mortgage charge offs in last 2 years
  23. No financial crimes, fraud or felonies 
  24. Prepay: 5/4/3/2/1 
  25. Must close in LLC or Corporation name
  26. Foreign Nationals LTV 60%
  27. 30 day funding
  28. No upfront fees; we are paid when your loans are funded at closing.

To get started, please click the blue Residential Rental Loan Link for your FREE PRE APPROVAL LOI within 48 business hours. With a few clicks of your mouse it TAKES LESS THAN 6 MINUTES to submit your loan request online. No upfront fees, credit cards, Social Security Numbers or credit checks are required.

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