• HOME
  • SHORT TERM LOANS
    • TYPES OF SHORT TERM LOANS >
      • Equpiment Loans
      • Start Up Loans
      • Working Capital Loans
  • SBA LOANS
    • SBA 7(a)
    • SBA 504
    • SBA Express
    • SBA Export Express
    • SBA Veterans Advantage
  • ASSET-BASED REALTY LOANS
    • Fix and Flip Loans
    • Rental Property Loan Program
    • Commercial Lending Program
    • Raw Land Program
  • ABOUT
    • Careers
  • CONTACT
Picture

Rental Loan Program

                                                      LTV            
Credit Score        <60    60.01- 65   65.01-70   70.01-75   75.01-80     
760+                    3.85%    4.15%    4.175%     4.425%     4.675%
740-759               3.9%      4.2%      4.275%     4.525%     4.775%
720-739               4.2%      4.28%    4.45%       4.65%       4.95%
700-719              4.55%     4.65%    4.75%        5.125%    5.375%
680-699              4.75%    4.90%    5.125%       5.45%      5.99%
650-679              5.50%    5.99%    6.25%         6.5%        6.99%


Loan Amount – $100,000+
LTV – Up to 80% on Purchase, Up to 75% on R/T Refinance, Up to 65% on Cash out
DSCR – 1.0+
Loan Term – 5/1 ARM, 7/1 ARM, 10/1 ARM
FICO – 680+
Interest Rate – 3.5%+
Purpose of Loan – Purchase, Refinance, Cash out
Collateral – SFR, Townhomes, Condos, 2-4 Units
Geography – Nationwide
Borrower – Single Purpose Entity
Recourse – Full PG
Amortization – Interest Only or Full Amortization


Powered by Create your own unique website with customizable templates.