What states are eligible for lending?

What States Are Eligible for Rental Property Lending?

Rental Home Financing lends in 48 states across the United States. Whether your rental portfolio is concentrated in a single state or spread across multiple markets nationwide, our programs are available to you. Alaska and North Dakota are the only states currently excluded from our lending footprint.

This nationwide coverage is a significant advantage for investors who build geographically diversified portfolios. Unlike local banks and credit unions that limit lending to their own market areas, we can finance a portfolio that includes properties in Texas, Ohio, Florida, Georgia, and any other combination of states under a single blanket loan. There is no requirement that your properties be located in the same city, county, or state.

Do Loan Terms Vary by State?

Our core loan terms -- including LTV ratios, interest rate structures, and amortization periods -- remain consistent across all eligible states. However, certain state-specific factors can affect the closing process:

• Judicial vs. non-judicial foreclosure states -- this affects lien structure and closing documentation but not your interest rate or loan terms
• State-specific recording and title requirements -- our legal team handles all state-level documentation, so this is transparent to the borrower
• Transfer tax and recording fee variations -- these costs differ by state and are part of your closing expenses
• Local property tax assessment schedules -- factored into the DSCR calculation during underwriting

Investors with properties in multiple states benefit from our single-loan structure because it eliminates the need to manage separate mortgages in each state, each with different servicers, payment dates, and terms. One loan, one payment, one servicer -- regardless of how many states your properties are in.

Which Loan Program Is Right for You?

With multiple DSCR loan programs, blanket mortgages, and single-property options, finding the right fit depends on your portfolio size, property type, and investment goals. Our Loan Recommender walks you through a few quick questions and matches you to the best program. You can also run the numbers yourself with our DSCR Calculator to see how your rental income stacks up against the loan payment.

Explore the full program details for our 30-year fixed rate DSCR loan program available nationwide.