LONG TERM RENTAL

 

A type of loan for real estate investors that will hold a property for rental income and manage with tenants for the long term.


LOAN TERMS

  • LTVs Up to 80% for Purchase/Rate and Term, 75% for Cash-Out

  • Minimum Credit Score of 660

  • Loan Amount from $55K - $2M

  • 5/1 ARM, 7/1 ARM, and 30-Year Fixed Rates

  • Non-Owner occupied 1–4 Unit Family Properties (Including Condos and Townhomes)

  • Interest Rates from 7.50%

  • For Acquisition or Refinancing of Rental Properties

  • Loan Origination Points from 1%

  • Minimum DSCR: 1.10

  • No Application Fees


Ready to apply?

Our online application process is fast, secure and easy to complete. You’ll be guided through each section step-by-step.

A delay in securing funding could be the difference between disappointment and an incredible investment opportunity. Closing takes an average of 17-21 business days.

Don’t wait any longer.