Portfolio mortgages are loans that are kept on the books instead of being sold. The significance of this to borrowers is that by not being sold on the secondary market, originating lenders can draft more flexible criteria for qualification. By relaxing qualification requirements, you can get access to money that would be denied to you elsewhere.
The Rundown on Portfolio Mortgages
Portfolio mortgages are held in the lender’s investment portfolio and are not sold on the secondary market. As such, they are not subject to the much more stringent terms that you’ll encounter with conventional lenders like banks. By not being held to the same standards, lenders that work with portfolio mortgages can make it easy for you to qualify.
Located in Indianapolis, Indiana, we are a Direct Lender for most anything commercially oriented (for rent) including single family houses, town-homes, condos, & multifamily apartment buildings on a Nationwide basis.
We will always separate ourselves from the competition by providing transparency within the marketplace and personal attention to custom situations and always competing for your business.
Our 25+ years of experience in commercial and multifamily mortgage lending throughout all market conditions there are a few that even come close to being equipped to the needs of over serious investors and the level of expertise & value you will discover with the professionals at Rental Home Financing.
From blanket mortgage loans for recapitalizing on free and clear portfolios of single family homes to restructuring leverage into compact, highly efficient, loans with the lowest investment property mortgage rates for easier management and higher profit margins to acquiring new bulk SFR portfolios we’ve got a solution for you.
More than just a leading U.S. Blanket Mortgage Lender, Rental Home Financing is your partner for long term wealth building and cash flow generation. We’re invested in your long term success.
Contact us today and experience a refreshing new approach to financing investments.
There are no limits on the number of properties your portfolio may include; whether 1 or 3,000, we likely have a solution.
We are now working with the best of breed and savy investor for the most competitive rates available today. Our group is actively searching for the best opportunities to fund in the rental housing market business in most states in of the USA. Loan Amounts ranging $500,000 to $50,000,000+.
New for 2018...Over 5.5 billion under management. We are proud to be providing the first wave by providing a much needed product for investors with sensible underwriting. Rate range between 5.5% - 7.5%
Currently there is no limitation on the number of properties that can be included within the portfolio. Conservative, common since underwriting is used to determine loan proceeds and interest rate.
Contact one of our qualified representatives for more details on this ever evolving product.
We do offer lines of credit for those well qualified sponsors and property managers looking grow towards hundreds of rental and apartment properties.
|Term||Type||Index||Prepay prd.||Recourse||Max LTV||Min. DSCR||Amort.|
|5 years*||Fixed||5-year Swap||Options||Non-recourse||60%||1.2x||30 years|
|5 years*||Fixed||5-year Swap||Options||Full recourse||75%||1.2x||30 years|
|10 years*||Fixed||10-year Swap||Options||Non-recourse||60%||1.2x||30 years|
|10 years*||Fixed||10-year Swap||Options||Full recourse||75%||1.2x||30 years|