RENTAL PROPERTY LOANS
Finance the purchase or refinance of your rental properties. We provide the most competitive options to you.
Long term rental loans for investors looking at new acquisitions for residential properties with the intent to hold the property for an extended length of time, and for investors interested in refinancing currently-owned investment properties. Portfolio loans available for 5 or more rental properties.
5/1, 7/1, 10/1 ARMs
All loans have a 30-Year Amortization
Up to 80% LTV
Minimum $75K to a maximum $2M
Single Family Residence
2-4 Unit Properties
Permanent Resident Aliens
Non-Permanent Resident Aliens
LLCs, Limited Partnerships, General Partnerships, Corporations
All States except Alaska, Nevada, North Dakota, Oregon, South Dakota, Utah
Minimum FICO is 640
1 Month Bank Statement
List of current properties owned (REO schedule)
Lease (if currently rented)
Sales Contract (if purchase)
Corporate entity documents (articles/ certificate of formation and operating agreement)
Term: 3 Years
Type: 80% of 6 months interest
Buy down options available
Cash Out Eligibility and Restrictions
Six months since prior financing or date of purchase is required.
Delayed Financing Exception per FNMA permitted and prior Bridge Loans with REI Loans qualify.
Loans not eligible for cash-out: Properties listed for sale by the borrower in the past three months.