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Financing and Rates for Rental Property

FINANCING FOR RENTAL PROPERTIES NOW AVAILABLE

At last! - A competitive bank rate program for investors looking to capitalize on bank REO's with the idea to hold and lease to long term tenants is here. We are now actively pricing and closing these types of investment rental home loans in 2014

There is over 4 billion dollars earmarked for deployment this year alone. Money for rental home mortgages are available for purchase and refinance. Consolidate your existing loans to free capital and grow your business!

TermTypeIndexPrepay prd.RecourseMax LTVMin. DSCRAmort.
5 years* Fixed 5-year Swap Options Non-recourse 60% 1.15x 30 years
5 years* Fixed 5-year Swap Options Full recourse 75% 1.25x 30 years
10 years* Fixed 10-year Swap Options Non-recourse 60% 1.20x 30 years
10 years* Fixed 10-year Swap Options Full recourse 75% 1.25x 30 years

First Mortgage Lien or Deed of Trust, plus equity pledge of sponsor.

  • $500,000 to $5,000,000+
  • 5 and 10 year fixed rates available
  • Partial releases for homes sold
  • 1 to 4 family rental homes, condos, town-homes, and apartments
  • Cross collateralized and cross defaulted first mortgage and equity pledge\
  • Approved LLC or other commercial entity
  • Up to 75% of BPO/appraised value
  • 25 to 30 year amortization depending on price point, age and leverage
  • Competitive market pricing
  • Non-recourse to key principals except for customary bad act carve-outs

Apply Now or Call us Today About Your Opportunity! - 1-888-375-7977

Read 14671 times Last modified on Monday, 08 May 2017 02:52

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