Rental Program
Get Your Rental Program Approved Today!
We understand the market and can provide 30 Year Rental Program for projects where other lenders may not recognize the profit potential. We keep the process streamlined and make financial decisions based on the merits of the deal.
QUALIFICATION
- 650 Minimum FICO Score
- 6 Months of Cash Reserves
LOAN TERMS
- $75,000 Minimum Property Value
- Up to 30 Year loan term
- Amortization Options: 30 Year Fixed, Hybrid
- ARMS (3/1, 5/1, 7/1, 10/1), and Interest-Only (Up to 5 Years)
REQUIRED DOCUMENTATION
- Application
- 2 Months of bank statements
- Corporate documents
- Amortization Options: 30 Year Fixed, Hybrid, ARMS (3/1, 5/1, 7/1, 10/1), and Interest-Only (Up to 5 Years)
MAX LEVERAGE
- Purchase: Up to 75% of as-is value or
- Refinance: Up to 75% of as-is value
- Cash-out: Up to 70% of as-is value
ELIGIBLE PROPERTIES
- 1-4 Family Real Estate
- Condos
- Townhomes
- Planned Unit Developments (PUD)
- Portfolio Loan Options Available
PRICING
- Rates starting at 4.5%
- $50,000 Minimum Loan Amount
- $3,000,000 Maximum Loan Amount (2-4 Units)
