RentalHomeFinancing.com a Direct Portfolio Lender, provides competitive, fixed rate, financing for bulk single family homes and apartment buildings that are for rent.
We are offering permanent financing for investors with at least 1 rental property in most areas of the country with our innovative new programs geared toward the entrepreneur/investor.
We will review the cash flow of the property and ensure they put you into a profitable position and will cover the annual debt service of >1.2x. Our products are commercial loans based upon the cash flow of the property, not you personally.
We don’t really care about your personal tax returns. We understand that most landlords write off expenses and may demonstrate a small or even loss on business returns. That’s OK with us…we base our decisions on the LTV and conservative cash flow of the collateral.
Now announcing 30 year fixed rates for 1 property at a time!
- NEW - 30/30 Program - NEW:
- 30 Year Fixed Rate – 30 Year Amortization
- NO Tax Returns Required
- NO 4506T Forms
- Funds Into Your LLC
- 3 Year Declining Pre-Payment Penalty - 3%-2%-1%-0
- 75% Of As Is Value
- Unlimited Cash Out
- $75,000 - $5,000,000+ Loan Size
- Rates Ranges 6.99 - 7.5% - (Based Upon Credit-Loan Size-LTV-Type Of Property-Cash Flow)
- 620 Minimum FICO
- Close As Fast As 2-3 Weeks
- Learn More
NEW - "2nd Generation" Securitization Blanket Loan - Now Arriving - February 2017:
Before you sign and send thousands upfront of dollars away in hopes of obtaining a loan, give us a call to discuss your rental portfolio, goals, and opportunity. We OFTEN beat the overall structure of your current lender by offering more favourable loan docs, credit terms/conditions and much cleaner closing process. We guarantee it will not be a waste of time. Call us today...1-888-375-7977
3/30 - 5/30 - 7/30 – 10/30 Blanket Loan Highlights:
- No Seasoning For Value - (Buy A House Today, Finance For Value Tomorrow)
- Loan Sizes $300K To $30 Million+
- Property Minimum Value - 50-75k - (Depends On MSA)
- 5.5% - 6.5% Fixed Rates
- 70-75% LTV - LTC Max
- Full Term I/O Available To 60-65%
- Purchase - Refinance - Cash Out
- Unlimited Cash Out
- Blanket Loan Lender
- 3 - 5 -7 And 10 Year Fixed Rates
- 30 Year Amortization
- Non US Citizenship OK To 65%
- 620 Min FICO
Loan Doc Features - Truly Unique Program that will save you 1000's of dollars:
- NO Yield Maintenance PPP - Pre-Payment-Penalties)
- NO Monthly CAPEX Reserve Requirements
- NO Long Bond Forms
- NO Fee Requirements For Lender’s Attorney
- NO Post-Closing Liquid Reserve Requirements
- Recycle Existing LLC Is “OK”
- No Need To Form A New LLC Such As Delaware - Use Your Existing One!
- Ability To Sell Or Release Properties At Any Time
- Ability To Use Your Title/Escrow Company - Of Course Can Use Ours As Well...Your Choice!
- Far Easier Underwriting Guideline Model Than The Competition
- Expeditious Closing Process And Minimumal Closing Costs
Property Types Available for 2nd Generation Blanket Loans:
- Single Family Housing – 2 Property Minimum
- Group Of SFR’s, Condos, Townhomes
- Searching For Stated Multifamily?