
Term Rental & Investment Property Loans
High leverage programs with minimal underwriting requirements for residential properties and portfolios. No seasoning requirements or tax returns required.
- Property Types
- SFRs, Condos, 2-4 units, single properties and portfolios
- Loan Amounts
- $75,000 - $25,000,000
- LTC
- 80% of purchase price or 80% LTV, 75% for refinances
- Rate
- Start at 5.0% for single properties, 3.5% for large portfolios
- Points
- 2% - 3.0%, depending on loan amount and state
- Term
- 30 year fixed, 5/7/10 year ARM, or 3/5/10 year interest only period
- Ownership
- Held in a Corporation or LLC
- Min Guarantor FICO
- 650
- Guarantor Experience
- Previous experience required for full leverage
- Guarantor Background
- No BKs or foreclosures for past 5 years
- Property Location
- Nationwide except MN, ND, SD, and VT.