START UP LOANS

THE LANDLORD SHORT TERM LOAN:

  • Minimum Loan Amount: $50,000


  • Minimum FICO Mid-Score: 660


  • ​Minimum property value is $75,000.


  • Prepayment Penalty: 5% of unpaid balance within first 6 months. 

        

  • Loan to Value: Up to 75% determined by borrower credit rating (see below).


  • Term: 2 Year, Interest Only Balloon | 1 year extension is available for 1% fee


  • Types of Financing: Purchase, Refinance Rate and Term, Cash Out.

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


  • Loan to Value: Up to 75%


  • 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

Available in:


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:

RENTAL LOANS

No delay's, no nonsense...fast closings with No Upfront Fees.

BUSINESS LINES OF CREDIT 

UNSECURED REAL ESTATE

LINES OF CREDIT

REHAB LOANS

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!


Receive funding

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.

 BUSINESS INSTALLMENT

CASH LOANS   

Loan Submissions:

(888) 660-2226

"We Have a Suite of Financing Solutions!"

Loan Submissions:

info@CloseMyLoan.org

 (888) 660-2226

CloseMyLoan.org

Short Term & Long Term Rental Loans

BUSINESS FUNDING

BASED ON REVENUE