Investment Property Loans & Rental Property Loans
Real Estate Loans for commercial properties, investment properties, rental properties and fix and flip funding. Our network includes the top hard money lenders and private money lenders. Offering fast approval and funding, very competitive rates and excellent customer service, we have a proven to be a reliable source of hard money loans.
Investment Property Loans Program
Loans and rental property loans to real estate investors in need of hard money financing.
- Property Types Single family, multi-family, commercial, industrial
- Loan Amounts $500,000 – $40 Million+
- Loan Terms 6 months to 30 years with longer terms available
- Lien Position 1sts & 2nds
- Loan to Value (LTV) Up to 93% of current value of property
- LTV with no additional required capital 83%
- Investment Loan Interest Rates and Points Please contact us for information on current rates and points
- Investment Property Loans for Real Estate Investors
Investment property loan rates are higher than conventional mortgage rates. The investment property mortgage rates may vary based on the specifics of the loan scenario such as length of loan, loan to value (LTV), condition and location of property and overall perceived risk of the investment. Many conventional lenders solely focus on owner occupied home mortgages and do not provide financing for investment property mortgages.
Hard money lenders are generally a better source of loans for investment properties as they primarily work with real estate investors and better understand their needs. Experienced and reliable hard money investment property lenders will also be able to approve the borrower and fund the loan much faster than a conventional lender such as a bank or credit union.
Buying Rental Property
Buying a rental property is one of the most popular forms of real estate investment. Investors look to purchase an
investment property with rental property loans that can be rented out for more than the monthly liabilities
(principal, interest, taxes, insurance) and achieve positive cash flow. The real estate investor will also hope to
benefit from appreciation while they hold the property and take advantage of tax benefits in order to maximize their profits from buying a rental property.
Loans for rental properties generally require a down payment of at least 25% from the real estate investor.
100% financing is not available. If the real estate investor has equity in another property but does not have enough cash for a down payment, the real estate investor may be able to take out a cash out refinance loan in order to raise the funds for the new purchase. The hard money lender will also want to see that the investor has cash reserves available to deal with potential tenant vacancies, repairs and any other unforeseen issues.
Refinancing Investment Property & Rental Property Loans
We allow real estate investor to refinance investment property and rental property should they wish to pull equity
out of their property, refinance at a lower rate or pay off a balloon payment that will soon be due.
Investment Property Rehab Loans
Investment property rehab loans are available for real estate investors who wish to purchase a property,
quickly make any needed repairs and improvements and then sell the property immediately.
Fix and hold loans are also available to investors who wish to purchase a property in need of rehab,
make improvements and then hold the property as a rental.
Business Property Real Estate Loans
SBA 7(a) loans are written as adjustable mortgage loans based on the prime rate. The loan fee depends on the size of the loan and the type of collateral (equipment versus commercial real estate), but the fees usually run between 2 and 3 points.
Small business owners can borrow between $200,000 and $5 million using the our SBA 7(a) program. Through our SBA Private Preferred Lender, borrowers with credit scores as low as 600 can qualify. Approval within 2 to 4 days, funding typically within 30 days.
One big advantage of the SBA 7(a) program is that small businesses can often get loans up to 90% of the purchase price to buy commercial real estate for their businesses.
In order to qualify for an SBA 7(a) loan, the business owner must occupy, or intend to occupy, at least 51% of the commercial real estate being purchased. The commercial real estate cannot have a residential component.
SBA 7(a) loans must be fully-collateralized. In other words, the SBA lender may use the borrower’s inventory, receivables and equipment as collateral.
SBA 7(a) loans can also be used for working capital, to purchase equipment or to acquire businesses or franchises. The required down payments, however, are larger. Start-up borrowers will usually be required to put at least 20% down.
If you would like to learn the best options for financing you business property, please contact us or
call us at (317) 589-0118.