Rental Portfolio

Permanent financing for stabilized portfolio of rentals.

Property

  • Single-family, townhomes, condos (warrantable & non-warrantable), 2-4 unit, and 5+ units
  • Non-owner occupied investment properties only
  • Rural properties not allowed

Loan Features

  • 30-year fixed or 5, 7, 10 year interest only
    $75,000 to $2 million loan amount
    Up to 80% loan to value & cash-out

Borrower

  • 660 minimum FICO; no recent foreclosures or bankruptcies
  • Entities and individuals; a personal guarantee is required
  • Foreign nationals allowed at reduced LTV
  • No employment or income verification

Other Details

  • Close in 2-3 weeks
  • Appraisal required
  • Lower of actual and market rents used to qualify