RENTAL
RENTAL
Real property buyers seeking to buy income-generating apartment houses can scale and develop their portfolio speedy with our bendy apartment program. Our whole method is finished in-house consisting of underwriting, method, and investment.
We can provide you fast, easy, and dependable investment for a buy only, refinancing a present assets you own, or appearing a cash-out refinance from the fairness constructed with inside the home.
Rental Program Details
Interest Rate:
Rates Starting at 7.25%
Qualifications:
Rent-ready and Leased Qualify
Max Loan to Value:
Up to 80% LTV
Property Type:
Loan Amount from $75,000-$2,000,000
Credit Score (FICO):
Minimum FICO of 680
DSCR (Debt Service Coverage Ratio):
Minimum DSCR of 1.0
Loan Term:
30-year Fixed Rate
Property Type:
Single Family, 2-4 Unit Multifamily, and Condo/Townhomes