THE LANDLORD SHORT TERM LOAN:
Landlord 30 Year Fixed Loan Use: This loan is available to real estate investors who buy single-family houses, 2 to 4 units, condos or apartments to hold as investment properties and who are looking for a long term fixed interest loan.
- Minimum Loan Amount: $50,000 | Minimum FICO Mid-Score:660
- Prepayment Penalty: 5-4-3-2-1 (Prepayment penalty is 5% in year 1, stepping down 1% every year thereafter. After year 5, there is no penalty.)
- Minimum property value is $75,000 single collateral loans / $60,000 on portfolio loans.
- DSCR: only 1.3 and higher
- LTV offered is determined by borrower credit rating.
- Term: 30 Year Fixed or 5/1 ARM (5-Year Fixed, 30-Year Term, No Balloon), Full amortization
- Types of Financing: Purchase or Refinance
Southeast - AL, FL, GA, KY, MS, NC, SC, TN, VA, WV
Northeast - CT, DC, DE, MA, MD, NH, NJ, NY, PA, RI
Midwest - IA, IL, IN, KS, OH, MI, MN, MO, NE, WI
Southwest - AR, LA, OK, TX
West - AZ, CA, CO, NM, NV, OR, UT, WA, WY
THE LANDLORD 30 YEAR FIXED LOAN:
No delay's, no nonsense...fast closings with No Upfront Fees.
UNSECURED REAL ESTATE
LINES OF CREDIT
1.) Apply online in just a few minutes.
2.) Review financing options available. An underwriter will contact you within 24 hours, at a time you specify, to discuss your financing options.
3.) Submit additional information needed.
– Get Funded!
in as fast as 3 business days.
SHORT TERM LOAN USE
This loan is available to real estate investors who buy single-family houses, 2 to 4 units, condos or apartments to hold as investment properties and only need a short term loan.
RENTAL - BUY & HOLD LOANS
*Apply online to schedule a consultation
with one of our underwriters, we are here
to help you choose the right loan for you.
"We Have a Suite of Financing Solutions!"
Short Term & Long Term Rental Loans
BASED ON REVENUE