Rental Property Financing Updates 2021

Grow your Rental Business with Rates Starting in the 5’s for 30 yr

What we are seeing from our preferred private lenders January 2021

Funding typically within 10 Days*

Rental Property Financing updates:

Rates in the 5’s (1/2021)
80% LTVfor a new rental-purchase/rate & term
75% LTV for a cash-out.
Minimum FICO score of 680 (650 for premium)
Minimum purchase price for a rental property – $100k
Minimum market value for a refinance – $110k
We also offer portfolio (recourse and non-recourse) rental refinance loans.
Rates and fees determined by experience, credit worthiness, project type and size.
Personal Consulting, Multiple Lenders, Online App or Paper

Up to 90% financing towards the purchase price, 100% financing on repairs, capped at 75% of the ARV with a floor rate of 7.49% for qualified Borrowers.
Experience: 1 flip in the past 2 yrs or own at least 2 rental properties.
Minimum purchase price for a bridge loan (fix and flip) is $75K.
Both the purchase and repair costs for a min net loan of $75k.
We also offer portfolio (recourse and non-recourse) rental refinance loans.
Rates and fees determined by experience, credit worthiness, project type and size.