Benefits of Rental Home Financing loans VS a traditional residential home loan

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What are some of the benefits of a Rental Home Financing loan versus a traditional residential home loan?

Rental Home Financing’s loan products are specifically tailored for rental property investors that have been acquiring houses over the past several years. We understand the limitations Fannie Mae, Freddie Mac and local banks have on this type of property.

Everyone you speak with on our team, is dedicated to serving this undeserved segment of the market.

As a responsible rental property owner, you're always looking for ways to improve your bottom line. And one of the best ways to do that is by refinancing investment property with a loan that has more favorable terms.

A Rental Home Financing loan offers a number of benefits that you just can't get with a traditional residential home loan. For starters, our loans are available with terms of up to 30 years, which means you can take advantage of lower monthly payments. Additionally, our loans don't require any personal income documentation, so you can get approved even if you're self-employed or have other complicated financial circumstances.

But perhaps the biggest benefit of all is that our loans allow you to finance up to 80% of the value of your investment property, which can help you free up cash for other investments or simply provide more breathing room in your budget.

Keep reading to learn more benefits available with our loan rental home loan financing.

Our Rental Home Loans

Unlike traditional banks and lending institutions, we take a commercial real estate underwriting approach while underwriting portfolios of rental property. More specifically, we use a common since and conservative underwriting approach when evaluating the collateral and cash flow of the assets. Personal debt and income ratios are NOT reviewed.
Most banks and lending institutions require the individual sponsors and no corporations allowed for the grantors of their loans. Rental Home Financing mandates all properties be located and controlled by a single newly formed LLC or other corporate veil which enables our borrowers to limit their personal exposure and liability.
Fannie Mae (10 properties) and Freddie Mac (4 properties) have limitations on the number of investment home loans per sponsor. Rental Home Financing has eliminated the limitations on the number of cash flowing properties. In fact, we encourage higher numbers and our pricing gets better as the numbers increase.
Try getting a Non-recourse lending product from your local bank or the GSE’s. We offer Non-recourse for most of our loan products starting at $500,000.
Assumability – All of our loans are assumable to a qualified borrower. Traditional residential mortgage lender loans have due on sale requirements.
No limit to the about of cash out when refinancing your residential portfolio.

So if you're looking for a way to improve your rental property business, a Rental Home Financing loan is definitely worth considering. Apply online free for your rental property loan today or call for your free consultation. 888-375-7977

Read 15334 times Last modified on Thursday, 23 June 2022 20:25

Published in Investment Loan Education Center

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